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Europe Daily Bulletin No. 13675
Contents Publication in full By article 4 / 35
ECONOMY - FINANCE - BUSINESS / Finance

Eurogroup continues to examine work carried out by EU countries and EIB on completing Capital Markets Union

On Monday 7 July, the EU27 finance ministers reviewed the various national initiatives aimed at further integrating the European Union’s capital markets.

“As a next step in autumn, we’ll take stock of the performance of EU capital markets, of the measures in EU countries to complement EU-level initiatives”, Eurogroup President Paschal Donohoe told the press on Monday evening.

In a major declaration published in March 2024, the Eurogroup recommended thirteen concrete measures to...

Contents

EUROPEAN PARLIAMENT PLENARY
EUROPEAN COMMISSION: motion of censure – Ursula von der Leyen defends her handling of Covid-19 pandemic and denounces an attack on democracy
ECONOMY - FINANCE - BUSINESS
EUROGROUP: Paschal Donohoe re-elected President by consensus
ECONOMY: Eurogroup recommends fiscal restraint for 2026, excluding military spending
FINANCE: Eurogroup continues to examine work carried out by EU countries and EIB on completing Capital Markets Union
ECOFIN: financial securitisation, digital euro, financing Ukraine and European economic governance on agenda for EU countries
DANISH PRESIDENCY OF THE COUNCIL OF THE EUROPEAN UNION
TRANSPORT: greening of freight, review of roadworthiness tests and passenger rights on Danish Presidency of EU Council’s agenda
EYCS: Danish Presidency of Council wishes to strengthen European Education Area, youth participation and European sport model
SECTORAL POLICIES
ENVIRONMENT: with its ‘roadmap’ on ‘nature credits’, Commission wants to step up contribution made by businesses to nature restoration
ENVIRONMENT: 18 EU Member States call on European Commission to simplify regulation aimed at combating ‘imported deforestation’
ENVIRONMENT: Commission report shows “urgent” need to improve implementation of EU environmental legislation
AGRICULTURE: European ministers to debate, on 14 July, proteins for food and feed
AGRICULTURE: EPP Group in European Parliament defends strong and fair CAP after 2027
CLIMATE: Bruegel think-tank calls on EU to create new international architecture with greater involvement of emerging countries
TRANSPORT/INDUSTRY: European Commission consults on CO2 emission standards for cars and vans, and on car labelling
DIGITAL: Apple and Meta appeal their fines to Court of Justice of EU
ENERGY: delegated act on low-carbon hydrogen – Dan Jørgensen says he has worked on “a balanced solution”
ENERGY: 2025 heatwave increases daily electricity demand by up to 14%, with rise in average daily prices, according to Ember
EXTERNAL ACTION
UNITED STATES: agreement in principle expected at any time over “good trade” between EU and Washington
CHINA: Beijing imposes reciprocal restrictions on European medical devices
TANZANIA: Constantinos Kombos in Dar es Salaam to strengthen European Union partnership
SECURITY - DEFENCE
DEFENCE: Danish Defence and Foreign Affairs Ministers do not see any imminent threat to Greenland
SOCIAL AFFAIRS - EMPLOYMENT
SOCIAL/EMPLOYMENT: EU27 employment ministers invited to reflect on effectiveness of European legislation at meeting in Aalborg
COUNCIL OF EUROPE
RULE OF LAW: Council of Europe calls for additional measures to combat corruption in Netherlands
NEWS BRIEFS
AGRICULTURE: AREV puts EU aid for South African wines into context
CLIMATE: Greens/EFA group calls for urgency procedure to adopt European Parliament’s position on 2040 target
ENERGY: ACER suggests incorporating gradual elimination of Russian gas supplies into ENTSOG’s future outlook
SPACE: ESA announces preselected competitors for ‘European Launcher Challenge’
TAXATION: European Commission adopts an implementing regulation on automatic exchange of top-up information between Member States
MEDITERRANEAN: Syria to rejoin Union for Mediterranean
MERCOSUR: France and Poland call for “better balance” between promoting free trade and defending strategic interests of EU
NATO: Slovenian prime minister announces a referendum on his country’s membership in NATO
SOCIAL: workers dismissed after closure of chip manufacturer BelGaN to receive €930,000 in EU aid to help them find new employment
THAILAND: EU and Thailand hold first bilateral Joint Committee meeting under their Partnership and Cooperation Agreement
CORRIGENDUM
CHINA: several French spirits producers have reached an agreement with China to avoid anti-dumping tariffs
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