EU’s post-Brexit defence fund – EUbusiness Week newsletter 825 – EUbusiness.com

EUbusiness Week 825 top stories: Brussels unveils EUR 13 billion defence fund; EU energy deal targets 32 pct renewables by 2030; Euro-MPs back deal to keep skies safe from drones; Indonesian airlines removed from EU blacklist; MEP numbers reduced after 2019 euro-elections; 15,000 Discover EU travel passes up for grabs

Publisher’s Note

In a guest blog this week, Philip Stevens argues that new Commission proposals to weaken intellectual property protections will hamper innovation. The measures aim to help Europe’s generics industry, but this will struggle to be competitive in the long term with the likes of India and China where production costs are much lower. Mr Stevens warns against the EC’s ‘precautionary, risk-averse attitude to regulation’, which he says has chilled investment in innovative sectors such as chemical and agricultural biotechnology, and is currently holding back Europe’s role in the Artificial-Intelligence based “Fourth Industrial Revolution”.
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Regards,

Nick Prag
Publisher, EUbusiness

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1. Brussels unveils EUR 13 billion defence fund

The Commission has outlined plans for a new EUR 13 billion European Defence Fund, with a view to increasing the EU’s ‘strategic autonomy’ and strengthening its ability to protect its citizens.
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Tax cooperation strengthened in next EU budget

2. EU energy deal targets 32 pct renewables by 2030

EU Parliament and Council negotiators struck a deal Wednesday for a share of energy from renewables of at least 32% of the EU’s gross final consumption in 2030, with an upwards revision clause by 2023.
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3. Euro-MPs back deal to keep skies safe from drones

Member of the European Parliament gave their backing Tuesday to EU-wide principles for drones and drone operators with a view to ensuring a common level of safety and to update aviation safety rules.
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4. Indonesian airlines removed from EU blacklist

The Commission cleared all Indonesian air carriers from the EU Air Safety list Thursday, as it introduced a warning system for air traffic controllers to prevent unsafe aircraft entering European airspace.
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5. MEP numbers reduced after 2019 euro-elections

Parliament has given the green light to a reduction in MEP numbers from 751 to 705, if the United Kingdom leaves the EU, leaving room for new countries that may join in future.
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6. 15,000 Discover EU travel passes up for grabs

From 13 to 26 June, young people have the opportunity to apply for a DiscoverEU ticket which gives them the opportunity to discover the European continent from July 2018 until the end of October 2018.
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EUROPEAN LAW

Louboutin: luxury shoe designer Christian Louboutin won a case at the European Court of Justice Tuesday over the right to trademark its exclusive red sole trademark used in high-heeled shoes for women.
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Latest news from the European Court of Justice
EU law firms
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Inside the EU Institutions

Council Watch

Human trafficking in Libya – Improving security through information sharing – EU Court of Justice: two judges appointed – Screening of investments – solution to Macedonia name dispute – Audiovisual media services – new veterinary medicines rules – Schengen information system agreement – Update of EU Agency for the Cooperation of Energy Regulators role – Charlevoix G7 Summit Communique
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Commission Watch

State aid: EC approves EUR 165m investments by Croatia for extension of Istrian Y motorway – Spring 2018 Eurobarometer: trust in EU growing – EU Air Safety List – Dual quality of food methodology – EU role as global actor – support for 32 reform projects in Greece – EUR 4.8 bn security funding – Tele2 NL T-Mobile NL merger – Borders and Migration funding – DiscoverEU – EUR 1.26 bn for European Solidarity Corps
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Parliament Watch

Reception conditions for asylum-seekers agreed – European Parliament the most trusted EU institution – EU/African, Caribbean and Pacific partnership: key aims for renewal – MEPs to vote on overhaul of road transport rules in July – EP calls on Russia to end occupation of Georgian territories – Human rights: breaches in Russia, the Rakhine State and Bahrain – MEPs want robust EU cyber defence and closer ties with NATO – Parliament votes EUR 1 bn aid to Ukraine – Security Union: political agreement on strengthened Schengen Information System
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EU diary

18-19 Jun: Interreg annual meeting
18-19 Jun: Agriculture and Fisheries Council
18-21 Jun: European Parliament Committee Meetings
19 Jun: A European retail sector fit for the 21st century
19 Jun: High-level conference on skills on defence
21-22 Jun: Employment, Social, Health, Consumer Council
21 Jun: Eurogroup
22 Jun: Economic and Financial Affairs Council
The Week Ahead
Long-term diary