EUROSTAT: May 2017 compared with April 2017 – Volume of retail trade up by 0.4% in euro area – Up by 0.2% in EU28
In May 2017 compared with April 2017, the seasonally adjusted volume of retail trade rose by 0.4% in the euro area (EA19) and by 0.2% in the EU28, according to estimates from Eurostat, the statistical office of the European Union. In April the retail trade volume increased by 0.1% in the euro area and by 0.5% in the EU28. Full text available here
EUROSTAT: First quarter of 2017 – EU28 current account surplus €58.9 bn – €38.8 bn surplus for trade in services
The EU28 seasonally adjusted current account of the balance of payments recorded a surplus of €58.9 billion (1.6% of GDP) in the first quarter of 2017, up from a surplus of €52.9 billion (1.4% of GDP) in the fourth quarter of 2016 and from a surplus of €57.4 billion (1.5% of GDP) in the first quarter of 2016, according to estimates released by Eurostat, the statistical office of the European Union. Full text available here
Statement by First Vice-President Timmermans Statement by First Vice-President Timmermans on the final award made on 29 June by the Arbitration Tribunal of the Permanent Court of Arbitration in the arbitration between Croatia and Slovenia
Following yesterday’s College meeting in Strasbourg, First Vice-President Timmermans issued the following statement: “The Commission held a discussion on the final award made on 29 June by the Arbitration Tribunal of the Permanent Court of Arbitration as regards maritime and land borders between Croatia and Slovenia. This is an issue that has been going on for more than 20 years. The Commission has always been supportive of the peaceful settlement of border disputes between Member States. In this particular process we have also acted as facilitator, leading to the establishment of the arbitration process in 2009. In this particular case, now that there is a decision, the Commission takes good note of the final award and expects both parties to implement it. In the same vein the Commission welcomes that both Prime Ministers of Slovenia and Croatia will meet on 12 July and have agreed that no unilateral steps would be taken before then. The Commission hopes that both Prime Ministers can come to an agreement on how best to implement the award. The Commission of course stands ready to contribute to or facilitate this process. Once we are on our way in this process the College will come back to the issue to discuss the progress and see how the Commission can help bring about a full implementation and just implementation of the award.” The statement is online here in all EU languages.
EU releases additional aid as crisis in the Democratic Republic of Congo’s Kasaï province worsens
The European Commission has announced additional humanitarian aid of €5 million to help scores of people in urgent need of assistance in the Democratic Republic of Congo’s conflict-torn provinces of Kasaï. This will expand the EU’s humanitarian response to eight Congolese provinces affected by conflict. This funding brings EU humanitarian assistance to the most vulnerable people in the Democratic Republic of Congo to almost €28 million euros since the beginning of the year. Over 1.3 million people are currently internally displaced, with some 35 000 new cases reported during May alone. Since the beginning of the year, an average of 8 000 people per day have been displaced. Commissioner for Humanitarian Aid and Crisis Management Christos Stylianides said: “The European Union is extremely concerned by the current humanitarian crisis in Kasaï, causing horrible suffering to so many people. The funding we provide today will help for the very first time in this region our humanitarian partners to respond to the most urgent needs of those affected by the conflict. But ultimately, it is only by laying down arms and restoring peace that all those caught in this conflict will be able to return home and rebuild their lives”. A full press release will be available here.
EU Response to Drugs: Commission proposes to restrict new synthetic opioid
Today, the European Commission has proposed to subject the new psychoactive substance furanylfentanyl to control measures across the European Union. According to the risk assessment report provided by the European Monitoring Centre for Drugs and Drug Addiction (EMCDDA), furanylfentanyl is a strong synthetic opioid which can cause severe harm to health. The substance is sold online in small and wholesale amounts as a “research chemical”, typically as a powder and as ready-to-use nasal sprays. So far, furanylfentanyl has been detected in 16 Member States and is associated with 23 deaths, in addition to 11 acute non-fatal intoxications. Commissioner for Migration, Home Affairs and Citizenship Dimitris Avramopoulos said: “The rise in the availability of new psychoactive substances remains a considerable public health challenge in Europe. It is a rapidly evolving and extremely dangerous threat able to cause serious harm and even death. Our response needs to be equally quick and effective and that is why we have recently agreed on a new legislation on new psychoactive substances”. The Commission’s proposal will now be discussed by the Member States in the Council, which, in consultation with the European Parliament, will decide whether to adopt the measures. More information on EU Drug Report 2017 is available online.
State aid: Commission approves prolongation of Polish bank guarantee scheme
The European Commission has authorised under EU state aid rules a prolongation of the Polish bank guarantee scheme until 30 November 2017. The scheme provides for State guarantees in favour of different types of solvent credit institutions in Poland. It was initially approved in September 2009 and prolonged several times, last time in December 2016. The Commission found the prolongation of the scheme to be in line with its guidelines on state aid to banks during the crisis because it is well targeted, proportionate and limited in time and scope. The Commission is authorising guarantee schemes on banks’ liabilities for successive periods of up to six months in order to be able to monitor developments and adjust conditions accordingly. More information will be available on the Commission’s competition website, in the public case register, under the case number SA.48227.
State aid: Commission approves prolongation of Irish credit union resolution scheme
The European Commission has found the prolongation of an Irish scheme for the orderly winding-up of credit unions to be in line with EU state aid rules, and in particular with the 2013 Banking Communication (see also MEMO). The objective of the scheme is to safeguard financial stability when a credit union becomes unable to meet regulatory requirements. It allows Ireland to provide aid for transferring the assets and liabilities of a failing credit union to an acquirer through a competitive process. This will help to achieve the maximum value for the assets and liabilities, ensuring that the aid is limited to the minimum necessary for an orderly winding-up and that no buyer gains an undue economic advantage through the acquisition of under-priced assets and liabilities. The scheme is valid until 30 November 2017. The Commission initially approved the scheme in December 2011. It was prolonged several times, the last time in December 2016. More information will be available on the Commission’s competition website, in the public case register under the reference SA.48337.
Mergers: Commission clears the creation of a joint venture between Cummins and Eaton Corporation
The European Commission has approved under the EU Merger Regulation the creation of a joint venture between Cummins of the United States, and Eaton Corporation of Ireland. The joint venture will develop and supply automated transmission systems for heavy-duty and medium-duty commercial vehicles. Cummins is active in the supply and servicing of engines and related products. Eaton is active in the supply of transmission systems for commercial vehicles, among other solutions for the management of electrical, hydraulic and mechanical power. The Commission concluded that the proposed transaction would not raise competition concerns, because the joint venture has no, or negligible, actual or foreseen activities in the EEA. The transaction was examined under the simplified merger review procedure. More information is available on the Commission’s competition website, in the public case register under the case number M.8495.
Commissioner Andriukaitis visits Republic of Moldova on 5 July
European Commissioner for Health and Food Safety Vytenis Andriukaitis is on official visit to Chisinau, Moldova on 5 July. Commissioner Andriukaitis will have a series of meetings, including with the Prime Minister of the Republic of Moldova Mr Pavel Filip, Minister of Health Ms Ruxanda Glavan and Minister of Economy Mr Octavian Calmic. Meetings with the representatives of European Business Association and Medical University will also take place. Ahead of his visit Commissioner Andriukaitis said: “My visit to Chisinau will be a good opportunity to send a signal of cooperation between the EU and Moldova also on health matters, and to discuss various topics from my portfolio, including antimicrobial resistance, tobacco control, vaccination, access to medicines, food safety, among others.”
Informal Justice and Home Affairs Council: Ministers to discuss migration, interoperability, e-justice and digital contracts in Tallinn
On Thursday and Friday, Dimitris Avramopoulos, Commissioner for Migration, Home Affairs and Citizenship, Věra Jourová, Commissioner for Justice, Consumers and Gender Equality, and Julian King, Commissioner for the Security Union, will attend the informal meeting of Justice and Home Affairs Council in Tallinn, Estonia. The meeting will start with a discussion on migration. To steer the debate, the European Commission presented on Tuesday an Action Plan on the Central Mediterranean Route to support Italy, reduce migratory pressure and increase solidarity among Member States. The Ministers will then discuss the cooperation with Ukraine in the field of internal security. Later that day, they will focus on interoperability of EU information systems, including the legislative proposals on eu-LISA, the EU Agency responsible for the management of information systems, and exchange of criminal records of third country nationals recently put forward by the Commission. On Friday, the Ministers will exchange views on data retention, e-justice, the mutual recognition of freezing and confiscation orders’ proposal and on the harmonisation of contract rules for online sales of goods in the Digital Single Market. Also on Friday, a meeting with Eastern Partnership Justice and Home Affairs Ministers will take place to discuss cooperation on the fight against organised crime, specifically cybercrime and corruption. A press release and factsheet on the Action Plan on the Central Mediterranean Route are available online.
Commissioner Navracsics in Madrid for hearing at the Spanish Parliament
Commissioner for Education, Culture, Youth and Sport, Tibor Navracsics, is in Madrid today where he is contributing to the current debate in Spain on education reform. Discussing with a Parliamentary sub-committee, the Commissioner underlined the importance of education as a key driver of economic growth and social cohesion as only good, effective and inclusive education systems can help equip people with relevant skills and enable Member States to stay competitive in the global race. He highlighted how the Commission can help countries develop effective education policies and support them in their implementation with concrete tools and instruments, whilst respecting their sovereignty over their own education systems. Earlier this morning, Commissioner Navracsics met Spanish Minister for Education, Culture and Sport, Iñigo Méndez de Vigo, for a working breakfast, and he will visit later today the Spanish Congress and meet Chairwoman María Soraya Rodríguez Ramos.
NEWS IN FULL
DAILY NEWS 05 – 07 -2017-