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Image header Agence Europe
Europe Daily Bulletin No. 13719
Contents Publication in full By article 21 / 30
ECONOMY - FINANCE - BUSINESS / Companies

Simplification of CSDDD would have only a limited impact on reducing costs, but a considerable impact on its positive effects, according to ETUC

The ‘omnibus’ simplification of the CSDDD regarding due diligence would have very little impact on reducing costs, which are already very low, according to a study by the European Trade Union Confederation (ETUC) published on Monday 29 September. However, this simplification would considerably reduce the positive effects of the current ‘CSDDD’(see EUROPE B13666A26).

In fact, while reducing the number of companies affected and the due diligence requirements may lead to a slight...

Contents

SECTORAL POLICIES
COMPETITIVENESS: geographical balance of European Competitiveness Fund is concern for smaller Member States
INDUSTRY: Germany, France and Italy detail their vision for Industrial Accelerator Act
INDUSTRY: semiconductors - EU27 call for a ‘Chips Act’ 2.0
TRANSPORT/INDUSTRY: Ministers call on European Commission to accelerate introduction of measures to help automotive sector
CLIMATE: 2040 target - France concerned about an ambition that could lead to de-industrialisation and obtains support from a majority of Member States
ENVIRONMENT: general state of environment in Europe is deteriorating and projections are poor, according to report by European Environment Agency
DIGITAL: in its Jutland Declaration, Danish Presidency of EU Council does not rule out a legislative text on protection of minors online
DIGITAL: European Commission offers reporting template to AI providers for serious incidents involving their systems
HEALTH: EU countries begin examining text on critical medicines
RESEARCH: European university associations fear for funding of basic research
SECURITY - DEFENCE
DEFENCE: European Commission calling for launch of four European flagship projects
Russian invasion of Ukraine
ECONOMY/DEFENCE: EU countries want to explore idea of multiannual loan to Ukraine to benefit European military industry
EXTERNAL ACTION
IRAN: nuclear deal - EU reimposes restrictive measures on Tehran
MIDDLE EAST: EU urges Israel to allow goods through Allenby crossing point
MOLDOVA: European leaders hail pro-European result in parliamentary elections
MALI: EU denounces arrest of a “member of diplomatic corps” in Bamako
AFRICA: EU releases €545 million to support energy transition on African continent
INDONESIA: EU appeals WTO decision to invalidate its countervailing duty on biodiesel
ECONOMY - FINANCE - BUSINESS
FINANCE: in Tallinn, Valdis Dombrovskis champions digital euro as source of strategic autonomy for EU
BANKS: European Banking Federation sets out recommendations for more competitive banking sector
COMPANIES: simplification of CSDDD would have only a limited impact on reducing costs, but a considerable impact on its positive effects, according to ETUC
EDUCATION - YOUTH - CULTURE - SPORT
CULTURE: Mondialcult 2025 - “Protecting diversity is essential for peace and security”, says Glenn Micallef at UNESCO conference
COUNCIL OF EUROPE
FUTURE OF EUROPE: Secretary General of Council of Europe to attend meeting of European Political Community in Copenhagen
HUMAN RIGHTS: Ukrainian journalist Maksym Butkevych receives Václav Havel Human Rights Prize
NEWS BRIEFS
CITIZENSHIP: European Commission rejects ECI registration calling for initiatives on ethics of elected representatives in EU
TRADE/CLIMATE: EU Council adopts simplification of Carbon Border Adjustment mechanism
DEMOGRAPHY: Council of EU approves regulation improving collection of statistics on population and housing in EU
ENVIRONMENT: EU Council formally adopts directive on soil monitoring
ENVIRONMENT: industry is “manufacturing doubt” to minimise toxicity of trifluoroacetic acid (TFA), according to a PAN Europe report
NICARAGUA: extension of EU sanctions against Ortega regime dignitaries until mid-October 2026