EUbusiness Week 791 top stories: European Union mulls future finance post-Brexit; Google fined EUR 2.4 bn for breaching EU antitrust rules; Ministers make limited progress on energy efficiency; Green light for new EU rules on organic farming; Brussels announces portable EU pension plan; EU launches action to tackle antimicrobial resistance
Publisher’s Note
More than EUR 27 bn in lost exports could be the cost of the 10 per cent increase in obstacles hindering European exports detailed in this week’s annual Market Access report.
And it is G20 countries – Russia, China, India – who account for the highest number of barriers such as border measures, unjustified regulatory barriers, tariffs or quotas.
So Europe’s challenge for next week’s G20 summit in Hamburg was firm: we will defend Europe against those who do not play by the rules. So ‘walk the talk’, and resist the scourge of protectionism.
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Regards,
Nick Prag
Publisher, EUbusiness
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1. European Union mulls future finance post-Brexit
In its fifth reflection paper on the EU’s future, published Wednesday, the Commission looks at options for financing the EU budget following the departure of the United Kingdom.
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2. Google fined EUR 2.4 bn for breaching EU antitrust rules
The Commission fined Google EUR 2.42 billion Tuesday for giving an illegal advantage to the U.S. search giant’s own comparison shopping service, thus breaching antitrust rules.
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3. Ministers make limited progress on energy efficiency
EU ministers agreed watered-down energy efficiency targets Monday, of 30 per cent by 2030, including an “unambitious” revision of the Energy Performance of Buildings Directive.
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4. Green light for new EU rules on organic farming
After 20 months of discussion, EU Parliament and Council negotiators have reached an informal agreement to overhaul existing EU rules on organic production and labelling of organic products.
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5. Brussels announces portable EU pension plan
The Commission has announced plans for a new class of pan-European pension products, allowing European consumers to benefit from more choice when saving for retirement.
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6. EU launches action to tackle antimicrobial resistance
The EU has launched a new EU action plan to tackle antimicrobial resistance – a growing threat responsible for 25,000 deaths and a loss of EUR 1.5 bn in the EU every year.
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EUROPEAN LAW
Insolvency proceedings: new rules on cross-border insolvency proceedings, first proposed in 2012 and adopted by EU legislators in 2015 to facilitate debt recovery, entered into force throughout the EU on Monday.
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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
EU Agency for Asylum – Carcinogens or mutagens at work – European Memorial for Helmut Kohl – restrictive measures against Myanmar – opening ceremony of Estonian presidency – G20 preparation leaders’ meeting – Simpler rules for users of EU funds – Controls on cash entering and leaving EU – new European rules on organic farming – European fund for sustainable development – temporary trade preferences for Ukraine – inland navigation: mutual recognition of professions
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Council …
Commission Watch
Pan-European Personal Pension – Action Plan on Antimicrobial Resistance – Interoperability of EU information systems – measures to prevent radicalisation and cyber threat – EC approves: acquisition of Magnesita Refratarios by RHI, conditional; French support for construction of EUR 1.3 bn Paris airport express rail line; Swedish tax breaks for employee share options – EU Facility for Refugees in Turkey – EU budget fit for tomorrow – Google fine – Trade and Investment Barriers – disclosure of non-financial information – money laundering, tax avoidance and terrorism financing – cross-border insolvency proceedings
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Commission …
Parliament Watch
New Asylum Agency – EU job-search aid: EUR 1 million for 339 former coal miners in Spain – Eurojust report on foreign fighters – Organic food: new rules for EU label agreed – EU investment plan to tackle root causes of migration agreed – dialogue with faith leaders on the future of Europe
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EU diary
3 Jul: Research & innovation – shaping our future
3-6 Jul: European Parliament Plenary Session
4 Jul: EU4Business in Moldova
5 Jul: Technology and the Paris agreement
6 Jul: Construction conference: Let’s build changes!
6-7 Jul: EU Partnership Forum 2017
6 Jul: Africa Day 2017
7 Jul: The CAP: Have your say
The Week Ahead
Long-term diary
RESOURCES
EU Law Firms
Summaries of EU Legislation
EU Decision-Making
Treaties of the European Union
Key EU Legal Terms
Other news on EUbusiness this week
Carcinogens at work: Council, Parliament agree deal 29-Jun
EU extends sanctions on Russia for another six months 28-Jun
Disclosure of non-financial information guidelines 26-Jun
EUbusiness Community
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Breaking News
The EU has gotten much more popular. What happened? (Washington Post)
Press
New EU Action Plan on Antimicrobial resistance short on concrete action
Still no solution regarding patents on plants and animals
FairSearch reaction to Google decision and press conference announcement
Future of EU budget: Commission proposal neglects the Paris Climate Agreement
How low can you go? EU Member States Fall Short on Own Commitments Again
Green Investment Bank, Green Giraffe and more discuss Future of Offshore Wind Energy Market
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Jobs
Statistics Officer, European Institute for Gender Equality
Director, Advocacy, International Planned Parenthood Federation
Senior Evaluation Officer, European Space Agency
Communication Director, EuroMed Rights
Office Coordinator, European Patients Forum
Policy Advisor, Union of the Electricity Industry
(Senior) Publishing Officer, European Investment Bank
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Guides
Pan-European Personal Pension Product (PEPP)
Antitrust: Google’s record EUR 2.4 bn fine
How EU rules apply to banks with a capital shortfall
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Events
3 Jul, Bruges: ETCR Summer Course
11 Jul, Brussels: EU Prospectus Regulation – level
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5 Sep, Cork: Vitamin D & Health in Europe
22 Sep, Brussels: Hydrogen for Clean Transport Conference
22 Nov, Amsterdam: Benelux Infrastructure Forum 2017
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Publications
China’s technology protectionism and its non-negotiable rationales
Reforming Services: What Policies Warrant Attention? – ECIPE
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Links
