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Image header Agence Europe
Europe Daily Bulletin No. 13775
Contents Publication in full By article 31 / 44
SECTORAL POLICIES / Energy

European Commission and EIB announce release of €1.8 billion from Modernisation Fund

On Wednesday 17 December, the European Commission and the European Investment Bank announced the allocation of €1.8 billion from the Modernisation Fund to support 45 clean energy investments in 12 Member States.

This fund, financed by revenues from the EU Emissions Trading System (ETS), supports 13 low-income EU countries (with a gross domestic product per capita of less than 75% of the EU average based on figures from between 2016 and 2018) in their transition to climate neutrality.

Contents

EUROPEAN COUNCIL
ECONOMY/DEFENCE: EU leaders called upon to decide on funding arrangements for Ukraine over next two years
ECONOMY/TRADE: EU leaders to discuss geopolitical issues affecting European economy
BUDGET: MFF 2028-2034 - European leaders to review progress made under Danish Presidency with view to next stages of negotiations
ENLARGEMENT: European Council expected to call on Commission to present assessment of institutional consequences of enlargement
DEFENCE: European Council expected to call for sanctions against Russia and Belarus for their hybrid attacks
MIGRATION: Ursula von der Leyen confirms to European leaders that she will visit Syria in January
MIDDLE EAST: European leaders expected to call for implementation of UN resolution supporting end to conflict in Gaza
DIGITAL: EU reaffirms its “regulatory autonomy” in response to relentless attacks from United States
EXTERNAL ACTION
MERCOSUR: Mercosur bloc increasing pressure on EU to approve free trade agreement, but France and Italy are still reluctant
TRADE/CLIMATE: carbon pricing - European Commission proposes €632 million fund for EU companies affected by CBAM
WESTERN BALKANS: in Brussels, EU and Balkans leaders reaffirm their cooperation and willingness to draw closer, despite shadow cast by Moscow
UNITED KINGDOM: UK to rejoin Erasmus+ programme in 2027, seven years after leaving it
EUROPEAN PARLIAMENT PLENARY
WOMEN’S RIGHTS: ‘My Voice, My Choice’ - European Parliament approves European Citizens’ Initiative aimed at facilitating access to abortion in EU
ENERGY: European Parliament validates agreement on regulation banning imports of Russian gas
EMPLOYMENT: European Parliament confirms call for new European directive governing algorithmic management in workplace
DEFENCE: European Parliament calls for more private funding for defence
TRANSPORT/DEFENCE: European Parliament supports military mobility, including idea of a ‘military Schengen’
ENVIRONMENT: European Parliament ratifies postponement by one year of application of regulation on imported deforestation
FINANCE: European Parliament confirms Damian Jaworski as Director General of European Insurance and Occupational Pensions Authority
RESEARCH: European Parliament adopts its negotiating position on updating regulation aimed at creating artificial intelligence gigafactories
RESEARCH: European Parliament approves Jordan’s participation in Partnership in Research and Innovation in the Mediterranean Area
SECTORAL POLICIES
DIGITAL: EU could adopt “common icon” to indicate content manipulated by AI
MIGRATION: irregular migration - 19 EU Member States call for adequate funding instruments to implement ‘innovative solutions’
AGRICULTURE: European Commission proposes to update rules on organic products
AGRICULTURE: European Commission announces €205 million in 2026 for agri-food promotion
AGRICULTURE: allocation of reports in European Parliament on post-2027 CAP is known
FOOD SAFETY: NGOs deplore that European Commission is still leaving door open to unlimited pesticide approvals
ENVIRONMENT: several European ministers call for EU action against ultra-fast fashion
TOURISM: more balanced and coordinated approach needed to harmonise efforts of EU Member States in dual transition of sector
ENERGY: European Commission presents a common approach for calculating life-cycle global warming potential of new buildings
ENERGY: European Commission and EIB announce release of €1.8 billion from Modernisation Fund
TRANSPORT: European Commission proposed reversal of ban on production of combustion engine vehicles not met with unanimous approval
ECONOMY - FINANCE - BUSINESS
FINANCE: European Parliament and EU Council negotiators seek final agreement over retail investment package
SECURITY - DEFENCE - SPACE
SPACE: successful launch of two Galileo satellites aboard Ariane 6 launch vehicle
COURT OF JUSTICE OF THE EU
EUROPEAN PARLIAMENT: General Court of EU dismisses MEPs’ appeals against reduction of their additional pension
COUNCIL OF EUROPE
WOMEN’S RIGHTS: Venice Commission issues an opinion on Latvian parliament’s plan to withdraw from Istanbul Convention
JUSTICE: Venice Commission elects constitutionalist Marta Cartabia as its new President
NEWS BRIEFS
CULTURE: Creative Europe - European Commission achieves a positive assessment in favour of cultural diversity and competitiveness
CULTURE: in a new report, European Commission highlights role of arts in green transition
DEFENCE: European Commission allocates €1 billion to joint research and development under European Defence Fund 2026
FUNDAMENTAL RIGHTS: European Disability Forum denounces lack of consideration for situation of people with disabilities under European Affordable Housing Plan
ECONOMY: euro area inflation at 2.1% in November
ENERGY: ACER validates reshaping of capacity calculation regions in Europe
EU INSTITUTIONS: EU Council validates interinstitutional declaration on EU’s legislative priorities for 2026