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Europe Daily Bulletin No. 13639
Contents Publication in full By article 39 / 42
NEWS BRIEFS / Finance

‘T+1’ settlement cycle - European Parliament political groups ask for an extra week to finalise their position

13/05/25 (Agence Europe) – Members of the European Parliament’s Committee on Economic and Monetary Affairs (ECON) have decided to postpone by a week the vote originally scheduled for Tuesday 13 May on shortening the deadline for settling securities in the EU (‘T+1’), proposed by the European Commission for October 2027 (see EUROPE B13578A28). Although broadly in line with the Commission’s proposal, Parliament’s various political groups will be holding a meeting to...

Contents

ECONOMY - FINANCE - BUSINESS
TAXATION: Council of EU agrees on value added tax on imports, but concerned about risks associated with e-commerce
TAXATION: energy taxation - Polish Presidency of EU Council proposes an assessment of environmental performance of energy products
TAXATION: European Commission wants to focus on tax simplification to make EU more competitive
ECONOMY/DEFENCE: Andrzej Domański believes EU countries may reach agreement in May on ‘SAFE’ loan instrument designed to increase military spending
BANKS: Germany repeats its “red lines” regarding ‘CMDI’ package to strengthen banking crisis management
FINANCE: simplification – Warsaw expresses reservations about continuation of negotiations between European Parliament and EU Council on retail investment package
FINANCE: EU countries await “ambitious” legislative proposal on financial securitisation
EDUCATION - YOUTH - CULTURE - SPORT
CULTURE: European ministers call for budget increase in face of geopolitical, environmental and democratic threats
CULTURE/DIGITAL: EU Council approves conclusions on evaluation of legal framework for audiovisual media services and video platforms
CULTURE: European ministers approve conclusions to support young artists and cultural and creative professionals
EDUCATION: European ministers support ‘Union of Skills’, on condition of complementarity with European Education Area
SPORT: EU Member States support integrated approach to sport and physical activity across all educational pathways
SECTORAL POLICIES
ENERGY: at their informal meeting, majority of European energy ministers supported definitive phase-out of Russian fossil fuels
ENERGY: countries bordering Baltic Sea and European Commission sign a memorandum of understanding to promote interconnections in region
ENERGY: Member States called upon to adopt proposed agreement on intra-EU arbitration procedures within ECT
ENERGY: in committee, MEPs approve own-initiative report on development of electricity networks
HOME AFFAIRS: criminalising distribution and possession of child sexual abuse material—European Parliament is ready to negotiate with EU Council
DIGITAL: European Commission tests its guidelines for better protection of minors online
DIGITAL: European Union and Japan strengthen scientific and technological cooperation
INDUSTRY: European Commission’s action plan for chemical industry should be presented by summer
PATENTS: president of European Patent Office calls on all Member States to participate in unitary patent
AGRICULTURE: European Commission plans “significant” change to CAP post-2027
SEA: protecting ocean areas is not a punitive measure against fishermen, says MEP Emma Fourreau
ENVIRONMENT: European Commission and EU Council questioned about their priorities by MEPs ahead of COP20 on international trade in endangered species
ENVIRONMENT: in absence of an alternative, MEPs support European Commission’s authorisation of substance DBNPA
SECURITY - DEFENCE - SPACE
SPACE: Josef Aschbacher hopes new EU Space Act will not complicate industry’s work
EXTERNAL ACTION
ENLARGEMENT: Marta Kos criticises Hungary’s block on opening chapters in Ukraine’s accession negotiations
SERBIA: EU supports Belgrade’s accession, but continues to demand full foreign policy alignment
ALBANIA: EU welcomes turnout at legislative elections, but condemns imbalance in vote
HUMANITARIAN AID: Hadja Lahbib calls for “strong” and flexible humanitarian budget in EU’s post-2027 Multiannual Financial Framework
TRADE/CLIMATE: MEPs adopt their position on ‘omnibus’ that simplifies Carbon Border Adjustment Mechanism
INSTITUTIONAL
DEMOCRACY: moment of truth at the European Parliament for European Ethics Body
BUDGET: pan-European organisations, EIB, Cohesion Fund... MEPs explore how to implement ‘smart conditionality’
FUNDAMENTAL RIGHTS - SOCIETAL ISSUES
DEMOGRAPHY: EU co-legislators tighten rules on low-level and detailed collection of statistics
SOCIAL AFFAIRS - EMPLOYMENT
EMPLOYMENT: MEPs call for ‘social clauses’ in preparation for revision of EU public procurement rules
NEWS BRIEFS
ECB: euro area countries ready to speed up work on digital euro
ECONOMY: green light from Council of EU for revision of 4 post-Covid-19 national recovery plans
ENVIRONMENT: European Parliament committee approves provisional agreement with EU Council on plastic pellet loss
FINANCE: ‘T+1’ settlement cycle - European Parliament political groups ask for an extra week to finalise their position
MONTENEGRO: according to MEPs, Podgorica still needs to make substantial efforts to achieve political stability and join EU by 2028
DIGITAL: launch of European Vulnerability Database to strengthen Europe’s digital security
TRANSPORT: European Commission launches a call for evidence for revision of Air Services Regulation