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Europe Daily Bulletin No. 13578
Contents Publication in full By article 17 / 38
BREACHES OF EU LAW / Banks

Seven EU countries taken to Court of Justice for failure to transpose directive on non-performing loans

On Wednesday 12 February, the European Commission decided to take seven EU Member States – Austria, Bulgaria, Finland, Hungary, the Netherlands, Portugal and Spain – to the Court of Justice of the European Union for failing to transpose the directive (2021/2167) aimed at fostering the development of a secondary market for non-performing loans (NPLs).

This directive, which had to be transposed into Member States’ domestic law by the end of 2023 at the latest, introduces a European...

Contents

INSTITUTIONAL
BETTER REGULATION: European Commission is releasing details of its simplification strategy in dribs and drabs
BETTER REGULATION: European Commission says it wants to cooperate with Parliament on its “simplification” policies
BUDGET: Estonia and Spain call for increased long-term EU budget post-2027
BUDGET: European Commission wants design of next long-term EU budget to be a collective one
EXTERNAL ACTION
UNITED STATES: EU27 seek coordination on transatlantic relations
CANADA: Justin Trudeau in Brussels to discuss trade and international cooperation with EU
KOSOVO: Kaja Kallas and Marta Kos welcome smooth running of elections, but call for reforms
CENTRAL ASIA: António Costa looks forward to continuing cooperation with countries of Central Asia at first summit between two regions at beginning of April
Russian invasion of Ukraine
UKRAINE : Europe must provide “overwhelming” share of future aid to Ukraine, says Pete Hegseth
MIGRATION: Ukrainian refugees - European Court of Auditors praises speed of aid to communities via CARE, but cannot assess its effectiveness
SECURITY - DEFENCE - SPACE
NATO: United States will no longer tolerate an imbalanced defence relationship, warns Pete Hegseth
SECTORAL POLICIES
DIGITAL: European Commission proposes to withdraw its proposal for an AI Liability Directive
ENVIRONMENT: disagreements persist between European Parliament and EU Council on revision of Waste Framework Directive
ENERGY: market players call for plan for affordable energy prices in EU to not include price cap mechanism
FISHERIES: European Commission introduces harmonised system for collecting catch data on recreational fisheries in EU
BREACHES OF EU LAW
ENVIRONMENT: Birds Directive - European Commission refers France to EU Court of Justice
BANKS: seven EU countries taken to Court of Justice for failure to transpose directive on non-performing loans
EUROPEAN PARLIAMENT PLENARY
REGIONS: European Parliament advocates targeted support for EU regions bordering Russia, Belarus and Ukraine
RUSSIA: MEPs call for support for Russian civil society and opponents of Putin
SERBIA: political crisis in Serbia - European Parliament calls for reforms and supports demonstrators
DRC: European Parliament should call on EU to sanction Rwanda
UNITED STATES: Hadja Lahbib warns of long-term consequences of withdrawal from Paris Agreement, WHO, and suspension of humanitarian aid
JUSTICE: faced with divided MEPs, Michael McGrath defends International Criminal Court against US sanctions
TAXATION: European Parliament approves EU Council’s position on VAT in Digital Age package
TAXATION: European Parliament approves European Commission’s new proposal on administrative cooperation rules
MERCOSUR: European Parliament rejects amendment calling for refusal to sign EU/Mercosur agreement
GMOs: European Parliament opposes placing on market of two transgenic maize varieties
ECONOMY - FINANCE - BUSINESS
FINANCE: European Commission wants to reduce time limit for securities transactions in EU by October 2027
FINANCE/CLIMATE: Insurance Europe calls for streamlined sustainability rules
ECONOMY: euro area countries recommend “slightly contractionary” fiscal stance in 2025 and 2026
ECONOMY: EU Council expected to approve modification to Belgian and Latvian post-Covid-19 recovery plans
NEWS BRIEFS
AGRICULTURE : European Commission approves three new geographical indications
ARMENIA: Armenian Parliament approves, at first reading, bill on opening of accession negotiations with EU
CLIMATE: European Commission’s legislative proposal on 2040 target brought forward to first quarter of 2025
EUROPEAN COMMISSION : Pierre Bascou appointed Deputy Director-General at Directorate for Agriculture and Rural Development
EUROPEAN PARLIAMENT: harassment - two parliamentary assistants obtain access to internal parliamentary committee report
CSDP: Markus Ritter’s mandate as head of EUMA mission extended by one year
Op-Ed
OP-ED: Europe in the microwave, how Putin is bringing our continent to a boil - by Wouter Beke