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Image header Agence Europe
Europe Daily Bulletin No. 13737
Contents Publication in full By article 19 / 36
ECONOMY - FINANCE - BUSINESS / Economy

European Fiscal Board criticises surveillance vacuum in transition phase to revised Stability Pact

On Wednesday 22 October, the European Fiscal Board (EFB) drew up a mixed assessment of the transition to the revised Stability and Growth Pact in 2024, a period during which the European Commission is said to have relaxed its focus on fiscal surveillance.

The application of the revised Stability Pact "could have got off to a better start", the Chair of the EFB, Pieter Hasekamp, told some journalists.

Although the European fiscal rules applicable in 2024 were those of the ‘old’...

Contents

EUROPEAN COUNCIL
UKRAINE: twenty-six EU leaders task European Commission with presenting “options” to guarantee financing for Ukraine in 2026 and 2027
DEFENCE: European leaders call for a Europe capable of defending itself by 2030
CLIMATE: European leaders set out conditions for their support for a “pragmatic” 2040 target
COMPETITIVENESS: EU leaders call for simplification efforts to be stepped up
MERCOSUR: France well on way to lifting its veto on EU/Mercosur agreement
Russian invasion of Ukraine
RUSSIA: EU Council adopts 19th sanctions package
EXTERNAL ACTION
UNITED STATES: EU cannot lower its tariffs on US steel and aluminium without concession from Washington on its 50% tariff, says Bernd Lange
SECURITY - DEFENCE - SPACE
SECURITY/DIGITAL: European Commission announces further €20 million to improve safety of submarine cables
SPACE: according to Josef Aschbacher, merger of satellite divisions of Airbus, Thales and Leonardo to transform European industrial landscape
SECTORAL POLICIES
MIGRATION: Member States to discuss arrangements for setting up ‘return hubs’ in third countries on 27 October
MIGRATION: international conventions and irregular migration - Italy proposes ‘roadmap’ for discussions at Strasbourg Court
AGRICULTURE : on Monday 27 October, European ministers to discuss post-2027 CAP and agricultural markets
FISHERIES: European ministers attempt on 27 October to reach agreement on 2026 fishing opportunities in Baltic Sea
ENVIRONMENT: dozen Member States call for support for LIFE programme under 2028-2034 Multiannual Financial Framework
DIGITAL: with its 120 million monthly users, ChatGPT could be included in platforms subject to DSA
DIGITAL: two organisations file new complaint against Apple, accused of not wanting to comply with DMA interoperability rules
TRANSPORT: ‘ReFuelEU Aviation’ regulation will stimulate production of sustainable aviation fuels, according to EASA
TRANSPORT: 61% of respondents said they had given up travelling because of problems with online train bookings, according to T&E
ECONOMY - FINANCE - BUSINESS
ECONOMY : European Fiscal Board criticises surveillance vacuum in transition phase to revised Stability Pact
TAXATION: Belgium’s Court of Markets to rule on US ‘FATCA’ in December
ACCOUNTING STANDARDS: EFRAG makes suggestions for improving ‘IFRS 16’ Standard
EUROPEAN PARLIAMENT PLENARY
CLIMATE: European Parliament regrets that Council has still not presented EU’s 2035 target before COP30
ENERGY: Dan Jørgensen says work is ongoing to ban all imports of Russian fossil fuels by end of 2027
EUROPEAN COMMISSION : MEPs call for light to be shed on suspicion Hungary is spying on EU institutions
ECONOMY : European Parliament gives green light to delegated act authorising participation of defence companies from third countries in InvestEU programme
WOMEN’S RIGHTS: MEPs speak out on multi-dimensional issue of gender-based violence where “job is far from complete”
AFRICA: European Parliament calls for closer ‘EU-Africa’ cooperation
ENVIRONMENT : European Parliament validates postponement of application dates for revision of ‘CLP’ regulation on labelling of chemical products
ENVIRONMENT: European Parliament adopts resolution on international trade in endangered species of wild flora and fauna
ENVIRONMENT: following vote at second reading, European Parliament adopts regulation aiming to prevent plastic pellet loss
ENVIRONMENT: European Parliament adopts directive on soil monitoring
COURT OF JUSTICE OF THE EU
CONSUMERS : Court of Justice of EU sets out conditions under which traveller may be reimbursed if package tour is not properly executed
COUNCIL OF EUROPE
MIGRATION: combating migrant smuggling requires international cooperation, cautions Council of Europe
FUNDAMENTAL RIGHTS - SOCIETAL ISSUES
FUNDAMENTAL RIGHTS/COMPANIES: EU Fundamental Rights Agency explains need for “effective human rights due diligence (HRDD) frameworks”
NEWS BRIEFS
TRADE: EU imposes anti-dumping duty on Chinese screws without heads
JUSTICE: European Public Prosecutor’s Office dismantles €19.6 million agricultural fraud in Greece