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Image header Agence Europe
Europe Daily Bulletin No. 13672
Contents Publication in full By article 25 / 33
ECONOMY - FINANCE - BUSINESS / Economy

EU Council asked to approve multiannual budgetary trajectories for Austria and Lithuania

The Ecofin Council is due to approve the multiannual budget programmes for Austria and Lithuania on Tuesday 8 July.

In the case of Austria, the Council is expected to validate the following trajectory for maximum net growth in public spending: 2.6% in 2025, 2.2% in 2026 and 2027, 2.0% in 2028 and 2.3% in 2029.

Assuming national GDP growth of 1.1% over the entire period, the Austrian authorities are committed to reducing the excessive public deficit from 4.7% of GDP in 2025 to 3.0% in 2028...

Contents

SECTORAL POLICIES
CLIMATE: European Commission confirms 2040 climate target of 90% reduction in emissions, but includes margins for flexibility
CLIMATE: European Commission’s legislative proposal for 2040 climate target struggles to convince all political players
RESEARCH: European Commission proposes strategy to position Europe as most attractive location for life sciences by 2030
DIGITAL: European Commission to draw up a series of ‘roadmaps’ to stimulate development of quantum technologies in EU
DIGITAL: European Commission increasingly openly in favour of ‘digital majority’ for access to certain online platforms
DIGITAL: European Commission details procedures for researchers to access data from major platforms
INDUSTRY: ‘omnibus’ text on chemicals should simplify three regulations on labelling of substances, cosmetics and fertilisers
COHESION: 14 EU Member States call for a “distinct and robust” budget for cohesion policy 2028-2034
COHESION: EPP Group in European Parliament is opposed to any centralisation of policies, particularly cohesion policy, into a ‘single national fund’
AGRICULTURE: Christophe Hansen advocates for “better targeted” aid in future CAP
AGRICULTURE: France questions EU payment of €15 million for South African wines
HEALTH: Denmark aiming for EU Council common position on critical medicines on 2 December
HOME AFFAIRS: child sexual abuse material - Danish Presidency of EU Council reinstates mandatory detection orders
HOME AFFAIRS: Danish Presidency of EU Council intends to make rapid and decisive progress on prevention of irregular arrivals and returns
HOME AFFAIRS: Schengen Information System - thousands of cybersecurity flaws identified in 2024 by European Data Protection Supervisor
TRANSPORT: European Commission is organising two strategic dialogues with view to drawing up ports strategy and industrial maritime strategy
TOURISM: European Committee of Regions looks forward to European strategy for sector
EXTERNAL ACTION
CHINA: “Allowing war in Europe while seeking closer ties is a contradiction that Beijing must resolve”, says Kaja Kallas
DEVELOPMENT: in Seville, Jozef Síkela promotes EU’s Global Gateway strategy
SECURITY - DEFENCE - SPACE
DEFENCE: Danish Presidency of EU Council wants to promote a strong and safer Europe
INSTITUTIONAL
EUROPEAN PARLIAMENT: with supporting statistics, EPP group refutes accusations that pro-European majority in centre of Chamber is being called into question
BUDGET: cohesion, CAP, defence, own resources and joint borrowing... Poland unveils its priorities for MFF post-2027
BUDGET: S&D to oppose proposed national and regional partnership per Member State in EU’s next multiannual financial framework
ECONOMY - FINANCE - BUSINESS
ECONOMY/DEFENCE: EU Council invited to approve use of flexibility of Stability and Growth Pact for fifteen Member States
ECONOMY: EU Council asked to approve multiannual budgetary trajectories for Austria and Lithuania
COURT OF JUSTICE OF THE EU
COMPETITION: General Court of EU upholds European Commission’s decision to review Brasserie Nationale’s acquisition of Boissons Heintz
COUNCIL OF EUROPE
GEORGIA: Commissioner for Human Rights denounces intrusive investigations launched against NGOs in Georgia
FUNDAMENTAL RIGHTS: fight against sexual violence on children remains one of Council of Europe’s major challenges
NEWS BRIEFS
BANKS: updated guidance from SRB on banks’ plans for orderly winding down of trading book securities
SPACE: launched on 1 July, Meteosat Third Generation Sounder 1 satellite will help build resilience to extreme weather events
MERCOSUR: four European farming organisations call on co-legislators to oppose conclusion of EU/Mercosur trade agreement
MEDIA: Greenpeace International takes Energy Transfer to Amsterdam court for ‘anti-SLAPP’ prosecution
EUROPEAN PARLIAMENT : MEPs to vote on a motion of censure on ‘von der Leyen’ Commission on 10 July