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Europe Daily Bulletin No. 13777
Contents Publication in full By article 2 / 29
SECTORAL POLICIES / Climate

2040 target - Member States’ permanent representatives endorse European Parliament / EU Council agreement

On Friday 19 December, the permanent representatives of the Member States to the EU endorsed the interinstitutional agreement on the Climate Law’s revision, setting an interim target of an 85% reduction in domestic greenhouse gas emissions by 2040 (compared with 1990)(see EUROPE B13770A1).

As with the agreement reached by European environment ministers on 5 November (see EUROPE B13751A3), Belgium and Bulgaria abstained. Poland, Hungary, Slovakia and the Czech Republic rejected the final...

Contents

Russian invasion of Ukraine
ECONOMY: procedure leading to implementation of loan to Ukraine backed by EU budget is becoming clearer
SECTORAL POLICIES
CLIMATE: 2040 target - Member States’ permanent representatives endorse European Parliament / EU Council agreement
CLIMATE/ENERGY: European Commission consults on revision of Energy Union and climate action governance regulation
ENERGY: pro-nuclear MEPs call for action plan on investment in Nuclear Illustrative Programme
AGRICULTURE : inter-institutional compromise on new genomic techniques has obtained qualified majority in EU Council
FISHERIES: EU and Norway conclude an agreement on management of shared stocks and reciprocal access to waters in 2026
TRANSPORT: regulatory uncertainty stalls majority of sustainable marine fuel projects, says T&E
HOME AFFAIRS: European Commission extends current exemptions for detection of child sexual abuse material online
MIGRATION: ‘safe third country’ and ‘safe country of origin’ - Member States approve provisional political agreements reached with European Parliament
MULTIANNUAL FINANCIAL FRAMEWORK 2028-2034
INTERNAL MARKET/CUSTOMS: partial negotiating mandate from EU Council on Single Market and Customs Programme
ECONOMY - FINANCE - BUSINESS
MONEY LAUNDERING : AMLA will directly supervise forty of EU’s most complex and risky financial institutions or groups from 2028 onwards
ECB : EU Member States’ permanent representatives confirm EU Council’s position on digital euro
COMPETITION: European Commission gives conditional green light to Vandemoortele’s takeover of Délifrance
SECURITY - DEFENCE - SPACE
SPACE : despite some concerns, stakeholders consider European space legislation to be positive
COURT OF JUSTICE OF THE EU
MIGRATION : refusal by an applicant for international protection to be transferred does not justify total withdrawal of reception conditions, according to CJEU
MIGRATION: Court of Justice guarantees right to effective legal protection of a migrant claiming to be a victim of pushback in Aegean Sea
FUNDAMENTAL RIGHTS: public housing in Denmark - Court of Justice of European Union clarifies contours of discrimination based on ethnic origin
NEWS BRIEFS
TRADE: EU Member States give green light to provisional agreement on Generalised Scheme of Preferences
CULTURE: European Commission publishes call for tenders for a peer -learning system on architecture
ECONOMY/DEFENCE: EU Council validates Canada’s participation in ‘SAFE’ instrument for joint procurement of military equipment
EDUCATION: despite fears related to inequalities and AI use, overwhelming majority of EU citizens support benefits of digital technology
UNITED ARAB EMIRATES : EU welcomes country’s reforms on social and economic rights
ENERGY: in 2025, demand for coal in European Union has fallen only slightly, according to IEA
FINANCE : securitisation - EU ambassadors endorse Council's negotiating mandate for reform of the regulatory framework
FINANCE : ESMA selects EuroCTP as first EU consolidated tape provider for equities and exchange-traded funds
DIGITAL : EU renews its framework for exchanging personal data with United Kingdom
RESEARCH : European Commission appoints members of new European Innovation Council Board
TRANSPORT: total value of EU-Ukraine trade via ‘Solidarity Lanes’ estimated at around €252 billion since May 2022
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