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Image header Agence Europe

Europe Daily Bulletin No. 13971

Contents Publication in full By article 1 / 24
ECONOMY - FINANCE - BUSINESS
ECB: Christine Lagarde announces decision to step down from monetary institution on 7 February 2027

The President of the European Central Bank, Christine Lagarde, announced, on Thursday 29 October, that she would step down early, on Sunday 7 February 2027 rather than 31 October 2027, ending months of speculation.

“I have just informed my colleagues that I will step down as ECB President on 7 February 2027”, she said in a video on X, appearing with dressings on her face following “a minor surgical procedure earlier this week”. “It has been a source of great pride to serve...

Contents

ECONOMY - FINANCE - BUSINESS
ECB: Christine Lagarde announces decision to step down from monetary institution on 7 February 2027
ECB: monetary institute leaves key interest rates unchanged but prepares markets for December rise
FINANCE/CLIMATE: climate change - EU and EU countries provided €32.3 billion from public sources and mobilised €9.3 billion from private sector in 2025
SECTORAL POLICIES
ENERGY: at ‘Energy’ Council, first political discussions on network charges turn into legal tangle
ENERGY: ahead of its presentation in 2027, EU energy ministers discuss post-2030 energy framework
ENERGY: 42.6 million barrels of oil to be released from strategic reserves of 12 European countries by end of January 2027
DIGITAL: citing ‘Kids Act’, European Commission puts several national plans to ban minors from social media on hold
DIGITAL: Irish Council Presidency clarifies risk assessments in new compromise on 'Cybersecurity Act 2'
TRANSPORT: car CO2 emissions standards – Jens Gieseke “optimistic” about adoption of agreement in Committee on Environment on 4 November
HOME AFFAIRS: EU-US agreement on traveller data - European Data Protection Supervisor calls for safeguards
EXTERNAL ACTION
CANADA: Ursula von der Leyen insists on associate member term for Canada despite reservations of several EU Member States
BOSNIA AND HERZEGOVINA: MEPs from European Democracy Shield special committee visit Sarajevo
CHINA: MEPs from European Parliament’s Committee on International Trade stress “urgency” of trade rebalancing during their visit to China
INSTITUTIONAL
BUDGET: 2028–2034 MFF—EU27 now reportedly largely convinced they need to conclude agreement by end of 2026
BUDGET: MFF 2028-2034 - EPP wants co-legislators, not Commission, to define activities presumed harmful to environment
BUDGET: MFF 2028-2034 - Clément Beaune proposes adjusting Member State contributions to EU budget based on their investment in European “common goods”
SECURITY - DEFENCE - SPACE
SPACE: EIB and Deutsche Bank launch €560 million partnership to support European space businesses
FUNDAMENTAL RIGHTS - SOCIETAL ISSUES
FUNDAMENTAL RIGHTS: at UNESCO Global Forum against Racism, Hadja Lahbib calls for action against institutional discrimination
FUNDAMENTAL RIGHTS: European Union Agency for Fundamental Rights examines risks to fundamental rights protection in Europe by 2040
COUNCIL OF EUROPE
JUSTICE: Council of Europe’s Committee for Prevention of Torture denounces French administrative detention centres turned into “powder kegs”
NEWS BRIEFS
NORTH KOREA: EU and 11 countries call for international sanctions against Pyongyang to be fully implemented
DEFENCE: European Peace Facility - EU Council adopts fourth bilateral assistance measure in support of Mauritania
ECONOMY/DEFENCE: ‘SAFE’ instrument – second call for tenders launched, worth €21.3 billion
EGYPT: EU condemns closure of Mada Masr