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Image header Agence Europe
Europe Daily Bulletin No. 13671
Contents Publication in full By article 19 / 34
EXTERNAL ACTION / Trade

European Commission announces €30 million in guarantees to support Finnish SMEs exporting to Ukraine

The European Investment Fund (EIF) and the Finnish export credit agency Finnvera have signed a €30 million guarantee agreement to support SMEs and ‘mid-caps’ exporting to Ukraine. This is a pilot programme under which Finnvera will be able to issue export credit transactions with an EIF guarantee as part of theInvestEU export credit guarantee mechanism.

The pilot project will support companies with fewer than 500 employees that are currently facing risks as a result of the war. The...

Contents

BEACONS
Beacons: Greenland and Denmark take an unlooked-for hotseat
DANISH PRESIDENCY OF THE COUNCIL OF THE EUROPEAN UNION
FOREIGN AFFAIRS: Danish Presidency of EU Council intends to keep Ukraine at top of European agenda
ENERGY: REPowerEU - Danish Presidency of EU Council will try to reach a ‘general approach’ on 20 October
DIGITAL: Danish Presidency of EU Council intends to strengthen Europe’s strategic autonomy and competitiveness in AI and cloud
AGRICULTURE: CAP reform and its 2028-2034 budget among priorities of Danish Presidency of EU Council
FISHERIES: Danish Presidency of EU Council wishes to continue evaluating CFP
FINANCE: Danish Presidency of EU Council will give priority to work on Savings and Investment Union
SOCIAL/EMPLOYMENT: fair mobility, competitiveness and social dialogue at heart of Denmark’s priorities
SECTORAL POLICIES
CLIMATE: 2040 target - on eve of European Commission proposal, uncertainties remain over EU’s commitment at COP30
CIVIL PROTECTION: strengthening RescEU, flexibility for cross-border traffic... European Commission preparing ‘EU Stockpiling Strategy’
COHESION: 149 European regions concerned about 2028-2034 cohesion policy allocations
REGIONS: reunification of Cyprus - European Commission makes positive assessment of 2024 EU aid
DIGITAL: under pressure from US, European Commission continues to deny any relaxation of DMA and DSA
JUSTICE: European Commission’s 2025 ‘Scoreboard’ - independence, efficiency and digitalisation of Europe’s judicial systems improving
EXTERNAL ACTION
MIDDLE EAST: G7 foreign ministers call for resumption of Iran nuclear talks
WESTERN BALKANS: EU growth plan - Bosnia-Herzegovina finally submits its reform agenda, while Kosovo remains politically deadlocked
ACP: EU and ACP countries call for renewed global framework for financing sustainable development
UNITED STATES: Maroš Šefčovič in Washington on Thursday 3 July to negotiate a “framework agreement” with US administration
TRADE: European Commission announces €30 million in guarantees to support Finnish SMEs exporting to Ukraine
SOCIAL AFFAIRS - EMPLOYMENT
SOCIAL: social security - European Parliament regrets decision by Polish Presidency of EU Council to “block” agreement
EMPLOYMENT: heatwaves and work - European trade unions renew call for European directive on maximum working temperatures
ECONOMY - FINANCE - BUSINESS
MONEY LAUNDERING: Maria Luís Albuquerque does her best at European Parliament to defend European Commission’s list of high-risk EU countries
ECB: European Central Bank updates its monetary policy strategy based on a symmetric 2% inflation target over medium term
TAXATION: Spain and Brazil present initiative to promote more effective global taxation of large estates
FINANCE/CLIMATE: integration of sustainability risks into SFDR regulation needs improvement, says ESMA
INSTITUTIONAL
BUDGET: France and Germany launch joint seminar on post-2027 multiannual financial framework
BUDGET: Europe’s cultural sector calls on EU to boost funding for culture in next long-term EU budget
FUNDAMENTAL RIGHTS - SOCIETAL ISSUES
HOUSING: EPP Group in European Parliament suggests urgent action at EU level to tackle housing crisis
NEWS BRIEFS
MONEY LAUNDERING: Authority for Anti‑Money Laundering and Countering Financing of Terrorism officially begins operations
ECONOMY: euro area inflation estimated at 2.0% in June
ENLARGEMENT: opening of first chapters of EU accession negotiations - European Commission is against decoupling of Ukraine and Moldova
ENVIRONMENT: European executive agency CINEA prepares EU for introduction of ‘nature credits’
RULE OF LAW: Danish Presidency of EU Council plans a hearing regarding Hungary on 21 October
TURKEY: second high-level dialogue on trade between EU and Ankara