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Image header Agence Europe
Europe Daily Bulletin No. 13635
Contents Publication in full By article 38 / 42
NEWS BRIEFS / Finance

‘T+1’ settlement in EU, Member States ready to negotiate with European Parliament

07/05/2025 (Agence Europe) – On Wednesday 7 May, Member States’ ambassadors to the EU (Coreper) approved the EU Council’s position on the European Commission’s proposal to reduce the period for securities transactions in the EU from 11 October 2027 (see EUROPE B13578A28). Inter-institutional negotiations (trilogue) can then be initiated with the European Parliament, where, for its part, the future negotiator, Johan Van Overtveldt (ECR, Belgian), proposes adopting the legislative...

Contents

EUROPEAN PARLIAMENT PLENARY
BUDGET: European Parliament adopts own-initiative report on post-2027 multiannual financial framework
BUDGET: European Parliament approves implementation of EU budget for 2023, despite “persistent problems”
COHESION: European Parliament agrees to take emergency decision on mid-term review of cohesion policy
ENVIRONMENT: European Parliament adopts its own-initiative report on European Water Resilience Strategy
ENERGY: blackout on Iberian peninsula – European Parliament debate resembles a settling of scores with Sánchez government
KOSOVO: European Parliament considers that Pristina must undertake genuine structural reforms in order to unblock its accession process
SERBIA: European Parliament considers Aleksandar Vučić’s Serbia not, at this stage, eligible for EU membership
TURKEY: accession process cannot resume, warns European Parliament
CUBA: bilateral agreement is “best shot” at promoting EU’s values and interests, says Kaja Kallas
EXTERNAL ACTION
UNITED KINGDOM: fisheries, defence, mobility - Member States continue to advocate balanced and mutually beneficial agreements
MIDDLE EAST: EU and several European countries urge Israel to lift its blockade of Gaza
DRC: Denis Mukwege calls on EU to regain leading role in peace negotiations
INDIA/PAKISTAN: EU calls for appeasement after attacks in Pakistani territories
Russian invasion of Ukraine
TRADE: European Commission considers transitional solution for Ukrainian exports to EU following end of autonomous trade measures
UKRAINE: Baltic foreign ministers call for tougher sanctions against Russia
ECONOMY - FINANCE - BUSINESS
FINANCE: European Commission suggests simplification measures to EU co-legislators on retail investment package
ECONOMY: EU Council asked to approve changes to four national post-Covid-19 recovery plans
SECTORAL POLICIES
TRANSPORT/INDUSTRY: cars – EU Council adopts position on Commission’s proposal on CO2 emissions without amendment
ENERGY: Slovakia and Hungary reject European Commission’s roadmap for shift away from Russian fossil fuels
AGRICULTURE: EU institutions have begun negotiations on new genomic techniques
AGRICULTURE: EU Member States make progress on revising Common Market Organisation rules
BREACHES OF EU LAW
TAXATION: European Commission takes Sweden to court over non-compliance of its preliminary income tax rules with EU law
TAXATION: European Commission refers Greece to CJEU for non-compliance with vehicle taxation and registration rules
JUSTICE: European Commission refers Bulgaria to EU Court of Justice for incorrect transposition of right of access to a lawyer
DIGITAL: European Commission takes five Member States to CJEU for failing to fulfil their obligations under Digital Services Act
TRANSPORT: Commission takes Bulgaria, Greece and Poland to European Court of Justice for failure to transpose Eurovignette Directive
TRANSPORT: Commission refers four EU Member States to Court of Justice for failure to fulfil obligations in maritime and inland waterway sectors
TRANSPORT: European Commission takes Hungary to CJEU for failing to guarantee independence of its rail regulatory body
MIGRATION: migrant smuggling, Commission refers Hungary to Court of Justice of EU
ENVIRONMENT: European Commission refers Cyprus to Court of Justice of EU for failure to comply with judgment on waste rules
INSTITUTIONAL
EUROPEAN PARLIAMENT: Parliament firmly opposed to choice of legal basis for SAFE budget instrument
FUTURE OF EU: Paris and Berlin intend to revive “Franco-German engine” to strengthen European sovereignty
SOCIAL AFFAIRS
SOCIAL/EMPLOYMENT: European Parliament hopes to make progress towards an agreement on coordination of social security systems on 19 May
FUNDAMENTAL RIGHTS - SOCIETAL ISSUES
FUNDAMENTAL RIGHTS: a report ordered by European Commission scrutinises EU disability policies
NEWS BRIEFS
HOME AFFAIRS: Anti-Corruption Directive - EU co-legislators aim for agreement in June
BUDGET: European University Association calls on European Commission to make education, innovation and research priorities
ENERGY: methane emissions from energy sector remained at record levels in 2024, according to IEA
FINANCE: ‘T+1’ settlement in EU, Member States ready to negotiate with European Parliament
SEA: Emma Fourreau MEP to present ideas on ‘Oceans Pact’ on 17 May
PHILIPPINES: 104 short-term observers deployed as part of European Union Election Observation Mission
BOTSWANA: €4.7 million to support digital transformation
SINGAPORE: EU signs its digital trade agreement with Singapore