Tuesday

21st Aug 2018

Agenda

Juncker bows out as Eurogroup chief this WEEK

Jean Claude Juncker is to bow out as President of the Eurogroup this week when the 17 eurozone finance ministers gather in Brussels for their first meeting of 2013.

Dutch finance minister Jeroen Dijsselbloem who already has the support of France and Germany, will take his place on Monday (21 January), having formally declared his candidacy for the role.

Read and decide

Join EUobserver today

Support quality EU news

Get instant access to all articles — and 18 year's of archives. 30 days free trial.

... or join as a group

Juncker, a veteran of more than 20 years at the centre of EU politics, has held the Eurogroup role since its creation in 2005. Pressed on his future at a hearing with MEPs earlier this month, he indicated he would stick to his day-job as Prime Minister of Luxembourg, a post he has held since 1995.

EU Finance ministers are then expected to focus on negotiations to establish the European Central Bank as the single supervisor of the eurozone banking sector on Tuesday.

Talks between ministers and MEPs began in December to finalise the legal framework for the ECB and the European Banking Authority created in 2010, as well as the number of banks falling within the scope of the ECB. Although lawmakers missed their self-set deadline of the end of 2012 to agree the deal, EU officials expect agreement to be reached in early spring.

The Irish EU Presidency will also re-open negotiation on the Capital Requirements rules aimed at increasing the levels of core capital held by banks as well as rules on bank bonus payments.

The minds of MEPs will also turn to the state of the eurozone crisis. Italian finance minister Vittorio Grilli will address deputies on the Parliament's Economic committee on Monday (21 January) just weeks before crucial parliamentary elections in February.

The following day Irish finance minister Michael Noonan will make his first appearance before MEPs under the six-month Irish presidency.

Meanwhile, MEPs on the Agriculture committee are expected to resist plans by the European Commission to put a €300,000 cap on farm subsidies when they vote on four pieces of legislation aimed at reforming the Common Agricultural Policy (CAP).

The EU executive had recommended the cap as well as new provisions to link subsidies closer to environmental protection standards. However, on Thursday (24 January) MEPs are set to tailor the rules so that farmers receiving payments from agri-environment schemes are also eligible for the direct subsidies tied to environmental action.

Government ministers have yet to advance talks in Council, with the package dependent on the outcome of the EU's next 2014-2020 seven year budget framework.

Elsewhere, French foreign minister Laurent Fabius will be in Brussels on Monday to discuss the recent military action in Mali with MEPs on the foreign affairs and defence committees. For their part, the Parliament's sub-committee on defence will hold an additional debate on the conflict with officials from the EU's external action service on Thursday.

The sixth EU-Brazil summit will take place on Thursday in Brasilia. EU council president Herman Van Rompuy and commission president Jose Manuel Barroso will discuss the global economic situation, trade and climate change with their Brazilian counterparts.

The week will start with a celebration of the 50th anniversary of the Elyseé treaty between France and Germany, agreed by Charles de Gaulle and Konrad Adenauer in 1963, which enshrined post-war reconciliation between the two countries.

Dignitaries will also mark Holocaust Remembrance Day the following day.

Meanwhile, EU Commissioners and ministers will convene in Davos, Switzerland for the annual meetings of the World Economic Forum.

News in Brief

  1. Italy threatens to return migrants to Libya
  2. MEP accuses Maltese government of 'hate campaign'
  3. EU values not negotiable, German FM tells Poland
  4. Audit warns 840 French bridges at risk of collapse
  5. Fashion king pours money into campaign for second Brexit vote
  6. Germany could aid Turkey, SPD leader hints
  7. UK government set to publish no-deal Brexit advice
  8. Germany and Greece strike deal on taking back migrants

Focus

EU-China cooperation on CO2 storage lost in limbo

A long-standing cooperation between the EU and China on carbon capture and storage has fallen off the political agenda – with the European Commission not having any comment available when asked for an update.

EU gets record response on 'summertime' consultation

The EU Commission has received several million responses from citizens, businesses, and organisations on whether to end the daylight summertime savings. Any tangible change would take ... time.

Stakeholders' Highlights

  1. ACCACompany Law Package: Making the Best of Digital and Cross Border Mobility,
  2. IPHRCivil Society Worried About Shortcomings in EU-Kyrgyzstan Human Rights Dialogue
  3. UNESDAThe European Soft Drinks Industry Supports over 1.7 Million Jobs
  4. Mission of China to the EUJointly Building Belt and Road Initiative Leads to a Better Future for All
  5. IPHRCivil society asks PACE to appoint Rapporteur to probe issue of political prisoners in Azerbaijan
  6. ACCASocial Mobility – How Can We Increase Opportunities Through Training and Education?
  7. Nordic Council of MinistersEnergy Solutions for a Greener Tomorrow
  8. UNICEFWhat Kind of Europe Do Children Want? Unicef & Eurochild Launch Survey on the Europe Kids Want
  9. Nordic Council of MinistersNordic Countries Take a Stand for Climate-Smart Energy Solutions
  10. Mission of China to the EUChina: Work Together for a Better Globalisation
  11. Nordic Council of MinistersNordics Could Be First Carbon-Negative Region in World
  12. European Federation of Allergy and AirwaysLife Is Possible for Patients with Severe Asthma

Latest News

  1. Wind delays launch of European wind-mapping satellite
  2. Greece 'normal' again after end of crisis, EU says
  3. Putin strikes blow against Russia's isolation by Europe
  4. EU-China cooperation on CO2 storage lost in limbo
  5. Greece exits bailouts, but difficult path ahead
  6. EU gets record response on 'summertime' consultation
  7. 'Nativism' and the upcoming Swedish and Bavarian elections
  8. Former Malta opposition leader fears for his life

Stakeholders' Highlights

  1. PKEE - Polish Energy AssociationCommon-Sense Approach Needed for EU Energy Reform
  2. Nordic Council of MinistersNordic Region to Lead in Developing and Rolling Out 5G Network
  3. Mission of China to the EUChina-EU Economic and Trade Relations Enjoy a Bright Future
  4. ACCAEmpowering Businesses to Engage with Sustainable Finance and the SDGs
  5. Nordic Council of MinistersCooperation in Nordic Electricity Market Considered World Class Model
  6. FIFAGreen Stadiums at the 2018 Fifa World Cup
  7. Mission of China to the EUChina and EU Work Together to Promote Sustainable Development
  8. Counter BalanceEuropean Ombudsman Requests More Lending Transparency from European Investment Bank
  9. FIFARecycling at the FIFA World Cup in Russia
  10. Nordic Council of MinistersOECD Report: Gender Equality Boosts GDP Growth in Nordic Region
  11. Centre Maurits Coppieters“Peace and Reconciliation Is a Process That Takes Decades” Dr. Anthony Soares on #Brexit and Northern Ireland
  12. Mission of China to the EUMEPs Positive on China’s New Measures of Opening Up

Join EUobserver

Support quality EU news

Join us