COLLEGE OF COMMISSIONERS DUE TO DISCUSS MORE ROBUST SUPERVISION OF CENTRAL COUNTERPARTIES (CCPS)
The College of Commissioners will meet today in Strasbourg to discuss a proposal to amend the so-called European Market Infrastructure Regulation (EMIR). As was announced during the EMIR REFIT review of at the beginning of May, today’s proposal aims to further improve the financial stability of the European Union. Specifically, the proposed reforms seek to ensure a more consistent and robust supervision of CCPs in EU and non-EU countries to deal with emerging challenges. The EU adopted the European Market Infrastructure Regulation in 2012 following the financial crisis to better manage and monitor the risks arising from derivatives markets for financial stability. A press conference and read-out of today’s College meeting by Vice-President Dombrovskis will take place in Strasbourg at 17:00 and can be followed live on EbS. You will be able to find press release and MEMO online.
EUROPEAN AGENDA ON MIGRATION: COMMISSION REPORTS ON PROGRESS AND CALLS ON MEMBER STATES TO MAKE FURTHER EFFORTS TO IMPLEMENT MEASURES
Meeting in Strasbourg today ahead of next week’s European Council, the Commission will present four progress reports on measures taken under the European Agenda on Migration. The Commission will review the progress made in the EU’s emergency relocation and resettlement schemes and, as announced in its previous progress report, will specify its position on making use of its powers under the Treaties for those Member States that have not yet implemented the Council decisions. The Commission will also report on the roll-out of the European Border and Coast Guard and the implementation of the EU-Turkey Statement. In addition, the Commission will present results and lessons learned under the Partnership Framework on Migration one year after its launch and the efforts undertaken along the Central Mediterranean route. Press releases on the implementation of the European Agenda on Migration and Partnership Framework on Migration will be available online at the start of the press conference with Commissioner Avramopoulos in Strasbourg, which is scheduled for 15h30.
30 YEARS OF ‘ERASMUS’ EXCHANGES ABROAD: COMMISSION LAUNCHES MOBILE APPLICATION TO MARK ANNIVERSARY
European Commission President Jean-Claude Juncker, and European Parliament President Antonio Tajani are leading the 30th anniversary celebrations for the Erasmus programme at the European Parliament in Strasbourg today. To mark the occasion, the Commission is also launching a new Erasmus+ mobile application. Designed for students, vocational learners and participants in youth exchanges, the app will make young people’s Erasmus+ experience easier. Read Press Release
MERGERS: COMMISSION APPROVES ACQUISITION OF INTRUM JUSTITIA BY NORDIC CAPITAL, SUBJECT TO CONDITIONS
The European Commission has approved under the EU Merger Regulation the acquisition of Intrum Justitia by Nordic Capital. The decision is conditional on the divestment of the companies’ overlapping debt collection and debt purchasing activities in Denmark, Estonia, Finland, Norway and Sweden. The Commission’s investigation focused on the markets for debt collection and debt purchasing where both Intrum Justitia and Lindorff, a portfolio company of Nordic Capital, are active. The Commission was concerned that the takeover would reduce competition in both markets in Denmark, Estonia, Finland, Norway and Sweden. In order to address the competition concerns identified by the Commission, Nordic Capital offered to divest the whole of the debt collection and debt purchasing businesses of Lindorff in Denmark, Estonia, Finland and Sweden, and the whole of the debt collection and debt purchasing business of Intrum Justitia in Norway. The Commission was therefore able to conclude that the proposed transaction, as modified by the commitments, would no longer raise competition concerns. The decision is conditional upon full compliance with the commitments. The full press release is available online in here
COMMISSIONER JOUROVÁ SIGNS THE CONVENTION ON PREVENTING AND COMBATING VIOLENCE AGAINST WOMEN
Commissioner Jourová today signs the accession of the EU to the Convention on preventing and combating violence against women and domestic violence at noon in Strasbourg, in the presence of the Secretary General, Mr Thorbjørn Jagland. The Istanbul Convention of the Council of Europe is the largest international treaty on combating violence against women and domestic violence. It recognizes that violence against women constitutes a violation of their human rights and provides for measures to prevent acts of violence, protect victims and prosecute perpetrators.
More information here and here
COMMISSIONER CREŢU VISITS THE GREEK ISLANDS OF CHIOS AND LEROS
On 13-16 June Commissioner for Regional Policy Corina Creţu is in Greece. On 14 and 15 June the Commissioner will visit the Greek islands of Chios and Leros, meet the regional governors of the North and South Aegean islands and the mayors of the islands received in Brussels by President Juncker in March 2017. Commissioner Creţu will inaugurate a new EU-funded desalination plant in Leros and visit other Cohesion Policy projects. Ahead of the visit, Commissioner Creţu said: “Responding to President Juncker‘s call, I will meet mayors of the North and South Aegean islands to assess the current situation and reflect on measures and actions which could alleviate the impact of the refugee crisis while boosting the local economy. The way the mayors have dealt with the migration challenge is admirable and my visit is a clear signal that they shall not be left alone in dealing with this extraordinary pressure. My visit will also focus on Cohesion Policy in the country and on the future of Cohesion Policy. Thanks to the July 2015 “A New Start for Jobs and Growth in Greece” Plan and to the efforts of the Greek authorities, Greece ranks among the top Member States in terms of implementation. Overall, Greece has received almost €11 billion of EU funds since July 2015. We are ready to help Greece seize further the opportunities offered by EU funds, for the direct benefit of the country’s real economy.” In Athens, on 13 June, the Commissioner will meet the Greek Prime Minister, Alexis Tsipras, and attend an event on resilient cities organised by the Mayor of Athens, Giorgios Kaminis. On 16 June, Commissioner Creţu will meet Dimitris Papadimitriou, Minister of Economy and Development, and Alexis Charitsis, Alternate Minister in charge of EU funds. The Commissioner will also deliver a keynote speech at an event on entrepreneurship, innovation and smart specialisation organised by the Governor of the region of Attica, Rena Dourou, and visit EU-funded projects in the capital.
NEWS IN FULL