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Image header Agence Europe
Europe Daily Bulletin No. 13827
Contents Publication in full By article 30 / 40
COURT OF JUSTICE OF THE EU / Russia

Freezing of funds as part of restrictive measures absolutely prevents holder of share certificate from exercising rights

The freezing of funds as part of the restrictive measures imposed in the context of the war in Ukraine absolutely and unconditionally prevents the holder of a share certificate from attending and voting at a general meeting of shareholders, the Court of Justice of the EU confirmed on Thursday 12 March in a judgment (Case C-465/24).

In 2022, the EU adopted restrictive measures against the Russian bank Sberbank because of the war in Ukraine, the Court points out. As SBK Art is an indirect...

Contents

SECTORAL POLICIES
INTERNAL MARKET: 28th company regime - European Commission should opt for regulation requiring qualified majority
CLIMATE: Denmark, Finland, Luxembourg, Portugal, Slovenia, Spain, Sweden and Netherlands reject any major changes to ETS
ENERGY: European Commission officially proposes to Ukraine to conduct a technical mission to inspect Druzhba oil pipeline
FISHERIES: EU Council’s negotiating position on new framework for statistics
FISHERIES: European fisheries ministers to hold debate on 30 March on energy transition in sector
AGRICULTURE: rice production in Europe facing serious crisis, warn producers and players in sector
HOME AFFAIRS: EU and Armenia strengthen their cooperation during a dialogue on visa liberalisation, two months before their first bilateral summit
DIGITAL: MEPs finalise their negotiations on report revising AI Act
DIGITAL: Europe’s digital industry calls for greater flexibility in revision of AI Act
TRANSPORT/INDUSTRY: cars—according to T&E, relaxing 2030 CO2 emissions target could slow adoption of electric vehicles in EU
MIGRATION: Socialists and Democrats firmly deny having neglected negotiations on recasting of ‘Returns’ regulation in parliamentary committee
RESEARCH: EU concludes negotiations with Algeria on ‘PRIMA’ agreement for 2025-2027
COMPETITIVENESS: on 26 March, EU27 will be invited to vote on whether EU should participate in US ‘Pax Silica’ semiconductor project
EUROPEAN PARLIAMENT PLENARY
HEALTH: European Commission announces ban on nitrous oxide cylinders in EU from 1 February 2027
HEALTH: European Parliament stresses various aspects of fighting obesity in EU
TRANSPORT: Apóstolos Tzitzikóstas announces railway safety proposals in second half of 2026 to European Parliament
TRANSPORT: European Parliament adopts targeted changes to CO2 emission standards for new heavy commercial vehicles
UKRAINE: European Parliament calls for sanctions against those responsible for Russia’s forced recruitment of foreign nationals
GEORGIA: MEPs call for release of Elene Khoshtaria
WOMEN’S RIGHTS: European Parliament calls for European action plan to combat pay and pensions gap between women and men in EU
TOURISM/CONSUMERS: European Parliament approves agreement with EU Council on revision of Package Travel Directive
NIGER: European Parliament calls for release of President Bazoum
WAR IN MIDDLE EAST
MARITIME SECURITY: attacks on ships in Middle East - “safety of crews must remain absolute priority”, says World Shipping Council
CIVIL PROTECTION: two new emergency repatriation flights have landed in Poland, with more than 8,000 Europeans already evacuated from Middle East
UN: EU welcomes adoption of a Security Council resolution calling for respect for territorial integrity of Gulf States and Jordan
EXTERNAL ACTION
TRADE: overcapacity in manufacturing sector - EU takes note of Washington’s new investigation, but believes it is not part of problem
SENEGAL: EU “takes note” of adoption of a law increasing penalties for homosexual relations
ECONOMY - FINANCE - BUSINESS
ECONOMY/DEFENCE: European ‘SAFE’ instrument to support EU countries’ military spending is struggling to produce concrete results
FINANCE: “it is now or never for our continent” - 120 investors urge European leaders to boost EU competitiveness
COURT OF JUSTICE OF THE EU
RUSSIA: freezing of funds as part of restrictive measures absolutely prevents holder of share certificate from exercising rights
BELARUS: assets of a company not sanctioned by EU can be frozen if that company is controlled by a sanctioned person, rules Court of Justice
FUNDAMENTAL RIGHTS: EU country must allow citizen who has exercised right to free movement to change gender-related data, according to Court of Justice
TELECOMMUNICATIONS: subscribers to be able to terminate internet access contract without further costs if modification to contract linked to decision by Court of Justice
NEWS BRIEFS
HOME AFFAIRS: in absence of consensus, inter-institutional negotiations on extending ePrivacy Directive derogation will resume on 16 March
STATE AID: European Commission approves €440 million in Spanish state aid to support renewable hydrogen production
DEMOCRACY: 85 new centres have joined ‘Europe Direct’ network for period 2026-2030
MERCOSUR: European Commission launches technical preparations to implement provisional application of trade agreement
DRC: EU condemns drone attack that killed French aid worker and two others in DRC
TRANSPORT: European Commission publishes call for candidates for EASA Board of Appeal
Op-Ed
Op-ed: The European Union Customs Union in Lille: A Political Choice for a Stronger Europe