Post-Brexit drive continues – EUbusiness Week newsletter 788 – EUbusiness.com

EUbusiness Week 788 top stories: Europe moves to strengthen defence capability; Brexit spurs reboot of EU’s capital markets union; Leaders sign blueprint for EU development policy; Brussels boost for Europe’s aviation sector; Synthetic opioids a growing health threat: EU report; Smarter products needed for shift to ‘circular economy’

Publisher’s Note

The EU’s renewed impetus post-Brexit/Trump continues with two initiatives in tune with public needs and concerns. First, 20 Member States agreed Thursday on the establishment of a European Public Prosecutor’s Office, whose main remit will be to investigate and prosecute EU-fraud and other crimes affecting the Union’s financial interests.

And with 68 per cent of Europeans wanting the EU to do more on security and defence policy, the Commission has outlined options for the future of EU defence, including contributing to the fight against terrorism. “Defence is going to be one of the major fields in which we could relaunch the European Union,” says foreign policy chief Federica Mogherini.
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Regards,

Nick Prag
Publisher, EUbusiness

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1. Europe moves to strengthen defence capability

The Commission set out a reflection paper Wednesday outlining options to address the growing security and defence threats facing Europe and to enhance Europe’s own abilities in defence by 2025.
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2. Brexit spurs reboot of EU’s capital markets union

As Europe faces up to the departure of its biggest financial centre, the EC has moved to strengthen its Capital Markets Union project to unlock funding for growth in Europe.
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3. Leaders sign blueprint for EU development policy

The EU signed a ‘New European Consensus on Development’ Wednesday, a strategic vision for European development policy with the aim of eradicating poverty and achieving sustainable development.
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4. Brussels boost for Europe’s aviation sector

The Commission is pressing ahead with implementation of the ‘Aviation Strategy for Europe’ with a series of measures in support of open and connected aviation markets in the EU.
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5. Synthetic opioids a growing health threat: EU report

Highly potent synthetic opioids pose a growing health threat, according to an EU report Tuesday which highlights rising overdose deaths and continued availability of new psychoactive substances.
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6. Smarter products needed for shift to ‘circular economy’

Mobile phones and other consumer goods need to last longer and be easier to repair and reuse in the shift towards a more resource-efficient circular economy, says a report.
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EUROPEAN LAW

Sugar claims: the EU’s top Court upheld a Commission ban on health claims relating to glucose Thursday, saying these encouraged sugar consumption against generally accepted principles of nutrition and health.
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Worker entitled to paid holiday: EU Court opinion
Latest news from the European Court of Justice
EU law firms
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Inside the EU Institutions

Council Watch

North Korea sanctions – European Consensus on Development – Military Planning and Conduct Capability – money laundering – European Public Prosecutor’s office – Portability of digital services across the EU – EU’s maritime transport policy – road injuries – Ukraine trade measures
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Commission Watch

Mid-Term Review of Capital Markets Union – Aviation Strategy for Europe – education in emergencies programme in Turkey – European Public Prosecutor’s Office – World Oceans Day – Eurostat: Q1 GDP; April retail trade – European Consensus on Development – Resilience in EU External Action – support for Central African Republic – financing Peljesac bridge in Croatia – ‘Stop extremism’ European Citizens’ Initiative – European Defence – resolution of Banco Popular Espanol – EU Platform on Animal Welfare
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Parliament Watch

Drugs: quicker reaction against new substances – Double taxation of companies: better resolution mechanism – Migrants and refugees in Italy: MEPs assess the situation ahead of the summer – The EU’s role in global development goals – MEPs meet UN special advocates
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EU diary

12 Jun: Agriculture and Fisheries Council
12-15 Jun: European Parliament Plenary Session
13 Jun: EnRoute – Greener Cities
15-16 Jun: A sustainable Arctic: Innovative approaches
15-16 Jun: Cedefop policy learning forum
15 Jun: Eurogroup
16 Jun: Employment, Social, Health, Consumer Council
16 Jun: Economic and Financial Affairs Council
The Week Ahead
Long-term diary