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Image header Agence Europe
Europe Daily Bulletin No. 13651
Contents Publication in full By article 20 / 35
ECONOMY - FINANCE - BUSINESS / Competition

Combat aircraft - green light for creation of defence joint venture between BAES, JAIEC and Leonardo

On Monday 2 June, the European Commission approved the proposed creation of a defence joint venture (JV) between BAE Systems (Holdings) Limited, Japan Aircraft Industrial Enhancement Co. Ltd. and Leonardo S.p.A. (‘Leonardo’), which will be the prime contractor and lead systems integrator for the Global Combat Air Programme, or future combat aircraft. 

The transaction relates primarily to multi-role combat aircraft. According to the parties, the strategic and economic rationale for the...

Contents

BEACONS
BEACONS: Getting to know the extraordinary Albania better (1/2)
SECTORAL POLICIES
DIGITAL: with its future ‘International Digital Agenda’, European Commission is attempting to combine pragmatism with a renewed strategic autonomy
DIGITAL: Apple takes its case to CJEU to protest against interoperability rules of Digital Markets Act
CLIMATE: a 90-95% reduction in emissions by 2040 is achievable, according to European Scientific Advisory Board on Climate Change
ENVIRONMENT: Green Finance Observatory rejects creation of European ‘nature credits’ market, on which European Commission is already working
SEA: EU ratifies Treaty of High Seas to strengthen ocean protection
ENERGY: European Commission presents its guidance on anticipatory investments in electricity networks
ENERGY: no general risks to security of electricity supply in most of EU this summer
ENERGY: ENTSO-E presents its six-point Offshore Roadmap to support development of offshore renewable energies
HEALTH: Health Technology Assessment; European Commission launches new public consultation
CONSUMERS: EuroCommerce, BusinessEurope and BEUC urge European Commission to modernise its consumer protection arsenal
TRANSPORT: International Air Transport Association believes Europe needs to change its approach to sustainable fuels
SECURITY - DEFENCE
NATO: Baltic and Nordic countries support an increase in defence spending
Russian invasion of Ukraine
UKRAINE: EU and US coordinate on additional sanctions against Russia
TRANSPORT: MEPs expected to approve extension of agreement between European Union and Ukraine on carriage of goods by road
EXTERNAL ACTION
PHILIPPINES: EU and Manila announce establishment of security and defence dialogue
GEORGIA: EU denounces entry into force of Foreign Agents Registration Act
UNITED STATES: tariff escalations continue between EU and Washington despite ongoing negotiations
ECONOMY - FINANCE - BUSINESS
COMPETITION: fines totalling €329 million imposed on Delivery Hero and Glovo for cartel in food delivery market
COMPETITION: combat aircraft - green light for creation of defence joint venture between BAES, JAIEC and Leonardo
FINANCE: European Securities and Markets Authority calls on social media companies to counter unauthorised financial advertising
INSTITUTIONAL
POLAND: European leaders call on new President, Karol Nawrocki, to ensure Poland remains “strong, active and decisive force” for EU
FUTURE OF EU: Charlemagne Prize winner Ursula von der Leyen sets out her vision of an “independent Europe”
FUNDAMENTAL RIGHTS - SOCIETAL ISSUES
FUNDAMENTAL RIGHTS: recent legislative developments in Hungary of concern to EU Agency for Fundamental Rights, which sees a Europe-wide trend
SOCIAL AFFAIRS - EMPLOYMENT
EMPLOYMENT: workers’ rights in Europe at worst level in at least a decade, according to International Confederation of Labour
NEWS BRIEFS
AGRICULTURE: European Commission approves several new geographical indications
HUMANITARIAN AID: EU aid to Palestinians in Gaza is not being distributed by Gaza Humanitarian Foundation, says European Commission
ENERGY/HOUSING: European Commission publishes documents to help Member States draw up National Building Renovation Plans
COMPANIES: EFRAG invites comments on its draft amendment to disclosure of greenhouse gas emissions under IFRS
JUSTICE: European Public Prosecutor’s Office signs agreements with Ibero-American Association of Public Prosecutors and six Latin American countries to combat organised crime
DIGITAL/COMPETITION: application of digital rules in EU is not “linked to any other negotiations” underway, stresses Teresa Ribera
NATO: DIANA launches ten new challenges to identify next generation of deep, dual-use technologies
CSDP: EU and India conduct new joint naval exercise
RESEARCH: success of EU Startup and Scaleup Strategy will depend on completion of European single market, according to LERU
SUDAN: Hadja Lahbib condemns attacks on World Food Programme infrastructure in El Fasher