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Image header Agence Europe
Europe Daily Bulletin No. 13774
Contents Publication in full By article 26 / 40
Russian invasion of Ukraine / Economy

Marathon negotiations in EU Council on ‘Reparations loan’, financing option for Ukraine favoured by a majority of EU countries

The experts and permanent representatives of the Member States on the Council of the European Union are working hard to find a solution to support Ukraine to the tune of €90 billion for 2026 and 2027 (two-thirds of the requirements estimated by the IMF), with a political decision not expected before the European Council on 18 and 19 December.

The option of a ‘Reparations loan’, which would exploit - but not confiscate - all the Bank of Russia’s assets tied up in the EU...

Contents

EUROPEAN PARLIAMENT PLENARY
MERCOSUR: European Parliament tightens safeguard clause in EU-Mercosur agreement
HUMAN RIGHTS: 2025 Sakharov Prize - European Parliament honours journalists Andrzej Poczobut and Mzia Amaglobeli
SAUDI ARABIA: European Parliament calls for relations to be strengthened
ENERGY: large majority of MEPs on verge of approving agreement to stop importing Russian gas
ENERGY: MEPs welcome new legislative package for grids
WOMEN’S RIGHTS: ‘My Voice, My Choice’ citizens’ initiative - in face of support given in parliamentary committee, right of hemicycle strikes back
ANIMAL HEALTH: MEPs advocate EU vaccination strategy to combat lumpy skin disease in cattle
AGRICULTURE : MEPs approve new rules for simplification of CAP rules
COMPANIES: final green light from European Parliament for first ‘omnibus’ simplification package on CSDDD and CSRD directives
PATENTS: European Parliament approves provisional agreement on creation of European compulsory licence
JORDAN: green light from European Parliament for macro-financial assistance of €500 million for Jordan through 2027
DEFENCE: European Parliament validates interinstitutional agreement on ‘mini-omnibus’ of legislative amendments
SECTORAL POLICIES
TRANSPORT/INDUSTRY: European Commission reverses its ban on production of internal combustion engine vehicles, subject to certain conditions
HEALTH: for Olivér Várhelyi, “Biotechnology is foundational for the future of our healthcare system”
FOOD SAFETY: European Commission proposes comprehensive package to simplify rules
ENVIRONMENT: European ministers express different views on development of biomass
ENVIRONMENT: CBAM - Poland requests ‘electricity’ exemption in context of Ukraine war
ENVIRONMENT: EU27 acknowledge that they have moved away from their 2030 environmental objectives
CLIMATE: ETS2 - European ministers welcome European Commission’s adjustments to market stability reserve
MIGRATION: Member States invited on 19 December to convey their messages to European Commission on future of Frontex agency
HEALTH: MEPs endorse ambitious position on critical medicinal products
AGRICULTURE : European Commission anticipates a slowdown in agricultural productivity growth between now and 2035
FUNDAMENTAL RIGHTS - SOCIETAL ISSUES
HOUSING: European Commission unveils first-ever ‘European Affordable Housing Plan’, fully respecting national and regional competences
HOUSING/STATE AID: European Commission proposes to include affordable housing category among ‘services of general economic interest’
INSTITUTIONAL
BUDGET: Multiannual Financial Framework (MFF) 2028-2034 - ahead of European Summit, Danish Presidency finalises negotiating box
Russian invasion of Ukraine
ECONOMY: marathon negotiations in EU Council on ‘Reparations loan’, financing option for Ukraine favoured by a majority of EU countries
UKRAINE: European leaders commit to security guarantees
JUSTICE: Council of Europe sets up ‘International Claims Commission for Ukraine’ to decide on amount of war damages
EXTERNAL ACTION
ENLARGEMENT: 26 EU Member States reiterate their support for enlargement process
MONTENEGRO: Podgorica closes five more chapters in accession negotiations and moves step closer to EU
LEBANON: EU welcomes country’s reform efforts
ECONOMY - FINANCE - BUSINESS
FINANCE: Ralf Seekatz defends targeted reduction in European regulatory framework for securitisation
NEWS BRIEFS
STATE AID: green light for Spanish scheme granting subsidies for decarbonisation of manufacturing industry
BANKS: SRB expands expectations on bank valuation for resolution purposes
MYANMAR : European Commission is mobilising a further €15 million in humanitarian aid
ENERGY: ACER revises methodology for regional acquisition of balancing capacity on European electricity market
ENVIRONMENT: European Commission launches consultation on Marine Strategy Framework Directive
ENVIRONMENT: two new European laws come into force to protect soil and oceans
FINANCE: ‘MiFIR III’ - ESMA proposes new regulatory technical standards to European Commission
SECURITY/DEFENCE: eight EU Member States stress importance of significantly enhancing security on Europe’s eastern external border