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Europe Daily Bulletin No. 13059

9 November 2022
Contents Publication in full By article 1 / 40
ECONOMY - FINANCE - BUSINESS
BANKS: political agreement in EU Council on legislative package finalising EU transposition of ‘Basel III’ Accord
Brussels, 08/11/2022 (Agence Europe)

The Czech Presidency noted on Tuesday 8 November that there is political agreement in principle (‘general approach’) in the Council of the European Union on the legislative package - a regulation (CRR III) and a directive (CRD VI) - which finalise the integration into the European Union of the 2017 ‘Basel III’ Accord strengthening banking prudential rules (see EUROPE B13055A6).

“I know how much this complex and important legislative package has required compromise from all of...

Contents

ECONOMY - FINANCE - BUSINESS
BANKS: political agreement in EU Council on legislative package finalising EU transposition of ‘Basel III’ Accord
ECONOMY: reform of European economic governance framework; differentiated public expenditure trajectories favoured
ECONOMY: seventy percent of budgetary aid measures to tackle energy crisis not targeted, says Paolo Gentiloni
TAXATION: proposal on ‘tax’ component of ‘Eurovignette’ directive still blocked in EU Council
TAXATION: EU Finance Ministers adopt reform of ‘Code of Conduct’ Group
COMPETITION: European Commission consults on a draft revised Market Definition Notice
COMPETITION: European Commission’s in-depth investigation into Microsoft’s proposed acquisition of Activision Blizzard
Russian invasion of Ukraine
ECONOMY: Czech Presidency wants to move quickly to adopt macrofinancial assistance to Ukraine for 2023 in EU Council
EXTERNAL ACTION
UNITED STATES: European Commission conveys concerns to Washington over its inflation reduction act
MYANMAR: EU imposes fifth package of sanctions on Myanmar
TRADE/CLIMATE: EU Council and European Parliament hope for agreement on Carbon Border Adjustment Mechanism on 12 December
ENVIRONMENT/BIODIVERSITY: EU signs Forest Partnership agreements with Guyana, Mongolia, Republic of the Congo, Uganda and Zambia
FOREIGN AFFAIRS: according to Mr Meijer, foreign and defence policy is area where there are most challenges in achieving strategic autonomy
COURT OF JUSTICE OF THE EU
STATE AID: Court annuls European Commission’s decision on Fiat-Chrysler regarding Luxembourg tax ruling
INDUSTRY: Dieselgate, CJEU confirms that an approved environmental association is entitled to challenge conformity of a vehicle’s type-approval
MIGRATION: national judge must review legality of a detention measure on its own initiative, according to Court
SECTORAL POLICIES
ENERGY: European Commission’s draft regulation to accelerate deployment of renewable energy
ENERGY/CLIMATE: COP27, EU commits to new Forest Partnerships and hydrogen
CLIMATE: F-Gas Regulation, European Parliament rapporteur wants to phase out hydrofluorocarbons by 2050
HOME AFFAIRS: MEP Sophie in ‘t Veld wants EU moratorium on use of spyware
HOME AFFAIRS: Commission assures MEPs that Member States want to comply with latest Court of Justice judgment on PNR data
AGRICULTURE: 60th anniversary of Common Agricultural Policy shows need for food security and self-sufficiency, say MEPs
AGRICULTURE: De Castro’s draft report on geographical indications well received in European Parliament committee
AGRICULTURE: MEPs criticise Ireland’s new rules on alcohol labelling
FOOD SAFETY: EFSA Director questioned by MEPs on glyphosate, new genomic techniques and nitrates in food
COHESION: RRF must not be at expense of cohesion, say MEPs
COHESION: study says cohesion policy must take crises into account better
FUNDAMENTAL RIGHTS - SOCIETAL ISSUES
WOMEN’S RIGHTS: pay transparency directive, battle continues over scope of application
COUNCIL OF EUROPE
GENDER EQUALITY: Council of Europe calls on Bosnia and Herzegovina to make progress in implementing Istanbul Convention
NEWS BRIEFS
HOME AFFAIRS: ‘golden passports’, EU Council adopts full suspension of visa liberalisation agreement with Vanuatu
AGRICULTURE: EU Council adopts regulation on statistics on agricultural inputs and products
FUNDAMENTAL RIGHTS: majority of initiatives in support of Ukraine win European Citizen’s Prize 2022
FUNDAMENTAL RIGHTS: Cordoba, Grenoble, Hamburg, Ljubljana, Mérida and Skellefteå shortlisted for Access City Award 2023
EDUCATION: EIT to mobilise €12 million to build capacity for innovation in higher education
ITALY: Paschal Donohoe convinced of constructive future relationship with Rome
MIGRATION: UNHCR, IOM, and NGOs call on EU Member States to facilitate disembarkation of hundreds of migrants rescued at sea
FISHERIES: European Commission launches call for contributions on energy transition of fisheries sector
FISHERIES: EU Council endorses new EU/Mauritius fisheries agreement
TRANSPORT: cyclists’ organisations call on European Commission to swiftly adopt cycling strategy
TÜRKIYE: EU extends illegal drilling sanctions regime for one year