Monday

25th Oct 2021

Agenda

Growth and budgets in the spotlight this WEEK

  • Barroso will outline his plans to create jobs in the energy, transport, and digital networks sectors (Photo: consilium.europa.eu)

A European Parliament vote on the EU budget for 2013 and a multi-billion euro European Commission proposal to create more jobs dominate this week’s agenda.

On Tuesday, the commission will unveil its so-called Connecting Europe Facility (CEF) which is earmarked €50 billion for 2014 to 2020. The commission hopes the CEF will increase jobs and spur business in transport, energy, and digital networks.

Read and decide

Join EUobserver today

Become an expert on Europe

Get instant access to all articles — and 20 years of archives. 14-day free trial.

... or subscribe as a group

European commission chief Jose Manuel Barroso is set to open the CEF event along side leading business reps from the sectors. The money will finance projects “which fill the missing links in Europe's energy, transport and digital backbone”, says the commission.

One such related link was already endorsed on Friday (28 September) when Italy, Greece, and Albania agreed to support the Trans Adriatic Pipeline (TAP) project. The agreement would open a gas corridor with pipes running from Azerbaijan, via Greece and Albania, across the Adriatic Sea to southern Italy, allowing further transport into Europe.

Meanwhile, one in two member states are either in recession or in economic stagnation with unemployment up in most, said employment Commissioner Laszlo Andor. His comments came on the heels of massive protests against austerity cuts throughout the week in Greece, Portugal, and Spain.

The European Parliament hopes to turn around the bleak unemployment figures but says the member states’ proposed cuts in the EU 2013 budget contradict the June ‘growth compact’ agreement.

The compact outlines a number of long-term policy initiatives with a stated aim to pull Europe out of its economic slump and get more people jobs.

MEPs are expected to reject the budget cuts and instead back the commission’s proposals in a Thursday vote in parliament’s budget committee.

Still on growth, EU Internal Market Commissioner Michel Barnier on Wednesday will outline plans to create a more integrated single market. The plans are a sequel to the commission’s single market act initially presented in April 2011. The latest iteration will spell out how to “deepen” the market.

Barnier will also on Tuesday present a report on possible reforms in EU banking sector structures. The report will present findings whether such structural reforms would increase bank stability, efficiency, and afford greater protection to ordinary account holders.

MEPs say they want greater democratic legitimacy in the EU’s grand plan for a banking, fiscal, economic and political union.

On Tuesday, EU parliament chief Martin Schulz along with the leaders of political groups will piece together their arguments in upcoming negotiations with member states and commission.

Gender issues are also on the agenda. EU justice commissioner Viviane Reding will on Wednesday square off with MEPs on her plans to impose a gender quota on the boards of large companies.

Finally, a delegation of eight MEPs on Monday will help monitor the Georgian elections.

Incumbent president Mikheil Saakashvili is facing a strong challenge from Bidzina Ivanishvili, the leader of the main opposition movement.

Amnesty International has raised concerns over alleged strong-arm tactics by Saakashvili against opposition leaders and independent journalists.

Socialists open political season this WEEK

The EU's political season ahead of the 2014 elections will kick off this week with a Socialist Party congress, setting the ground for a centre-left candidate to run for the head of the European Commission.

EU leaders meet This WEEK amid EU-Poland clash

Vaccine roll-outs, energy prices, migration and an upcoming climate summit will top the agenda at an EU summit in Brussels on Thursday, while MEPs in Strasbourg tackle rule of law.

News in Brief

  1. Russia's anti-vax campaign backfired, EU says
  2. China angered as MEPs call for Taiwan talks
  3. Emissions from La Palma volcano reach Brussels
  4. Body of eighth victim of Belarus border-crisis found in river
  5. Report: Syrian bank fiddling currency to evade EU sanctions
  6. Nato adopts plan to counter new Russian threats
  7. Alleged killer of British MP 'felt affiliated' to IS
  8. Coronavirus: Belgium returns to 'red' zone

Analysis

Commissions's new migration pact still seeking 'landing zone'

Last October, the European Commission gave an optimistic outlook on the adoption of its migration and asylum pact. EU commission vice-president Margaritis Schinas said its pact on migration was lowering the landing gear - suggesting agreement was possible.

Stakeholders' Highlights

  1. Nordic Council of MinistersNew report reveals bad environmental habits
  2. Nordic Council of MinistersImproving the integration of young refugees
  3. Nordic Council of MinistersNATO Secretary General guest at the Session of the Nordic Council
  4. Nordic Council of MinistersCan you love whoever you want in care homes?
  5. Nordic Council of MinistersNineteen demands by Nordic young people to save biodiversity
  6. Nordic Council of MinistersSustainable public procurement is an effective way to achieve global goals

Latest News

  1. EU states want more Belarus sanctions
  2. Gas price spike exposes rift at EU summit
  3. Poland vows not to give into EU 'blackmail' at summit
  4. EU vows to uphold Paris climate ambition amid scientists' fears
  5. Commissions's new migration pact still seeking 'landing zone'
  6. Europe can't ignore Chinese encroachment in Ukraine
  7. Lithuania - where 'biodiversity funding' is cutting down trees
  8. Dutch lawyers take Frontex to EU court over pushbacks

Join EUobserver

Support quality EU news

Join us