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Image header Agence Europe
Europe Daily Bulletin No. 13747
Contents Publication in full By article 22 / 33
ECONOMY - FINANCE - BUSINESS / Banks

Dominique Laboureix suggests several ways of simplifying regulatory framework for bank resolution

On Wednesday 5 November, Dominique Laboureix, Chairman of the Single Resolution Board (SRB), put forward a number of ideas for simplifying the European rules governing bank resolution.

Speaking before the European Parliament’s Committee on Economic and Monetary Affairs (ECON), Mr Laboureix called for a “targeted review” of the “cumbersome” process that requires banks to “ask for prior permission before redeeming ‘MREL’ instruments” that can be used in the event of default....

Contents

SECTORAL POLICIES
DIGITAL: with its ‘Digital Omnibus’, Commission wants to reopen GDPR and modify application of Artificial Intelligence Act
DIGITAL: France urges European Commission to take action against Shein after sex doll scandal
DIGITAL: European Data Protection Board considers Brazilian framework to be sufficiently protective for transfer of EU data
TRANSPORT: Council of EU and European Parliament reach agreement on method for calculating greenhouse gas emissions
TRANSPORT: MEPs are very pessimistic about possibility of reaching an agreement on air passenger rights before year end
TRANSPORT: WSC and Airlines for Europe welcome action plan for renewable and low-carbon fuels but believe more could be done
ENERGY: ‘REPowerEU’ – co-legislators consider early adoption of total Russian gas ban in 2027
ENERGY: according to European Commission, renewable energies need to be adopted “much faster” to achieve 2030 target
CLIMATE: Climate Summit – at leaders’ meeting ahead of COP30, EU advocates its “clear objectives” and relies on multilateralism
CLIMATE: objective 2040 – civil society relieved that an agreement has been reached before COP30
REGIONS: 140 European regions reject proposal on post-2027 cohesion policy
JUSTICE: monitoring application of EU law – “without reporting, transparency and public confidence are eroded”, says Dainius Žalimas
FISHERIES: MEP Isabella Lövin calls for Baltic Sea multiannual plan to be revised
FISHERIES: sector’s European Social Partners are calling for funding to modernise and decarbonise fleets
HEALTH: EU Council/European Parliament negotiations on pharmaceutical package resume on Tuesday 11 November
MIGRATION: Amnesty International denounces widespread human rights violations against migrants in Tunisia, including rape and torture
SECURITY - DEFENCE - SPACE
SPACE: Arianespace hopes to carry out eight Ariane 6 launches in 2026
DEFENCE: ‘omnibus’ - negotiators from EU Council and European Parliament agree on first simplification package
EXTERNAL ACTION
MERCOSUR: EU Council on track to approve safeguard clause linked to EU/Mercosur agreement
Russian invasion of Ukraine
RUSSIA: several EU Member States demand additional tariffs on Russian and Belarusian products
ECONOMY - FINANCE - BUSINESS
ECB: Fernando Navarrete recommends using private solutions to implement digital euro
BANKS: Dominique Laboureix suggests several ways of simplifying regulatory framework for bank resolution
ECONOMY: proportion of multi-country projects supported by Europe’s Technical Support Instrument constantly growing, notes Céline Gauer
INSTITUTIONAL
BUDGET: European Court of Auditors and MEPs want to ensure that weaknesses in RRF are not reflected in MFF 2028-2034
MEDIA: European Commission “categorically” states it has had no contact with Agenzia Nova following dismissal of Italian journalist
SOCIAL AFFAIRS
SOCIAL/EMPLOYMENT: an agreement on coordination of social security schemes never closer, assures Executive Vice-President Roxana Mînzatu
FUNDAMENTAL RIGHTS - SOCIETAL ISSUES
WOMEN’S RIGHTS: MEPs lend their support to ‘My Voice, My Choice’ European citizens’ initiative
WOMEN’S RIGHTS: Istanbul Convention – according to Commission, EU accession must be translated into effective policies to combat gender-based violence
HOUSING: European Affordable Housing Plan – procedure for adopting EU Council’s conclusions is formally launched
NEWS BRIEFS
AGRICULTURE: Copa-Cogeca welcomes progress in MEPs’ position on wine
TAXATION: revision of European directive on energy taxation will be on next Ecofin Council agenda
RESEARCH: European Research Council awarding €684 million in grants to 66 teams tackling major scientific challenges
CORRIGENDUM
CLIMATE: opinion of Parliamentary Committee on Industry includes possible contribution of international carbon credits under 2040 target