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Image header Agence Europe
Europe Daily Bulletin No. 13752
Contents Publication in full By article 22 / 34
EXTERNAL ACTION / Trade

EU gives conditional authorisation to acquisition of Covestro by UAE oil company ADNOC in relation to foreign subsidies

Three months after opening its investigation under the Foreign Subsidies Regulation (see EUROPE B13689A2), the European Commission finally authorised the takeover of the German chemicals company Covestro by leading Emirati oil company ADNOC on Friday 14 November. However, the EU is imposing conditions on the buyout, since it has concluded that the Emirati company had received subsidies that gave it an advantage over the competition.

ADNOC undertook to amend its Articles of Association so...

Contents

SECTORAL POLICIES
AGRICULTURE/FISHERIES: post-2027 CAP, Ukraine and 2026 quotas on agenda for EU Ministers on Monday 17 November
FISHERIES: Spain, France and Italy call for a review of Common Fisheries Policy
FISHERIES: MEPs call for legislative reform to modernise fishing fleets
FISHERIES: European Commission encourages greater transparency in allocation of fishing opportunities by EU countries
AGRICULTURE: EU Council and European Parliament to resume new genomic techniques negotiations on 3 December
AGRICULTURE: ten EU farming organisations denounce risks to food safety posed by EU-Mercosur agreement
HEALTH: EU Member States reach minimalist agreement on tobacco control ahead of COP11
ENVIRONMENT: Germany supports postponing “anti-imported deforestation” regulation for a year and wants to introduce a simplification review clause
ENERGY: despite slight increase in EU, no growth expected in fossil-fuel electricity generation in 2025, according to Ember
ENERGY: Eurelectric calls on European decision-makers to establish grids “capable of evolving at same pace as Europe’s ambitions”
CLIMATE: according to European Environment Agency, adaptation policies are making progress, but implementation remains slow
DIGITAL: European Parliament up in arms over Commission’s plan to simplify its digital legislation
DIGITAL : Digital Omnibus - 127 organisations denounce “biggest rollback of digital fundamental rights in EU history”
JUSTICE : Eurojust makes digitalisation of judicial cooperation a major challenge in its strategy for upcoming years
ECONOMY - FINANCE - BUSINESS
ECB: proposed reform of regulatory framework for securitisation - “a step in the right direction”, according to EU’s monetary institute
TAXATION: European Commission proposes to strengthen cooperation between Anti-Fraud Office, European Public Prosecutor’s Office and Member States on VAT fraud
COMPETITION: European Commission tests SAP’s commitments to ensure competition in business management software maintenance
ECONOMY: GDP growth confirmed at 0.2% in euro area in third quarter
COMPANIES: some 100 legal experts challenge legality of ‘omnibus’ simplification package on corporate sustainability
INSTITUTIONAL
GENERAL AFFAIRS : EU budget 2028-2034, relations with United Kingdom and legislative programme for 2026 on agenda of Member States
SECURITY - DEFENCE - SPACE
DEFENCE: Germany, France, Poland, United Kingdom and Italy pledge to step up cooperation against hybrid threats
EXTERNAL ACTION
TRADE: EU gives conditional authorisation to acquisition of Covestro by UAE oil company ADNOC in relation to foreign subsidies
HUMANITARIAN AID : European Commission still finds “irregularities” in delivery of aid to Gaza
MEDITERRANEAN: Dubravka Šuica calls for closer security cooperation
AFRICA : European Centre for Development Policy Management calls for rebuilding of EU-Africa trust at Luanda summit
COURT OF JUSTICE OF THE EU
MIGRATION: Court of Justice interprets concept of ‘resources’ that third-country nationals must have to reside in EU
NEWS BRIEFS
AFGHANISTAN: EU welcomes prospects for strengthening EU-Central Asia cooperation in favour of Afghan people
FUNDAMENTAL RIGHTS: European Commission consults with civil society to strengthen disability rights strategy 2021-2030
EDUCATION : 2026 Erasmus+ call for proposals is open
ENERGY: Dan Jørgensen defends EU’s methane regulation at COP30
YOUTH: European Commission has launched call for applications for European Solidarity Corps 2026, which will receive €175.3 million
JUSTICE : in a VAT fraud case, €260 million were seized in Italy at request of European Public Prosecutor’s Office
SINGAPORE : European Parliament ratifies digital trade agreement with Singapore
Op-Ed
OP-ED: let Europe’s entrepreneurs breathe again - by Vladimír Dlouhý