Eurogroup to urge EU to ease ‘regulatory burden’ on financial sector through CMU revival on 08/03/24 A draft Eurogroup statement, obtained by Euractiv, outlines multiple “imperative and urgent” reforms that ministers want to be “taken forward” by the next European Commission Smaller EU countries revolt against state aid spree on 08/03/24 Several small EU countries have on Thursday (7 March) warned against the increased use of national subsidies within the EU, which they warn undermines the foundations of the single market. In last-minute upset, France pitches new changes to gig work file on 08/03/24 As EU ambassadors were due to meet on Friday (8 March) to try to agree again a provisional deal on the platform work directive, France circulated a set of changes it wants to make to the text, throwing another spanner in the works for the ill-starred file. ECB slashes inflation forecast but holds rates amid mounting analyst worries on 07/03/24 The ECB on Thursday (7 March) held interest rates at their current record high levels, despite also slashing its growth and inflation projections for the eurozone, with ECB president Christine Lagarde claiming the bank is not “sufficiently confident” on wage and profit data to begin cutting rates. Ten questions for the European Insurance and Occupational Pensions Authority on 07/03/24 Dick Roche’s recent commentary ‘Preaching transparency but not practicing it” prompted many reactions, but none from the institution in focus: the European Insurance and Occupational Pensions Authority (EIOPA). The author comes back with 10 questions concerning its handling of the Euroins case in Romania. All eyes on Italy, France as swing states on ‘heavily’ revised EU supply-chain law on 07/03/24 Italian and French envoys are set to hold the fate of the EU corporate due diligence law (CSDDD) in their hands on Friday (8 March), when representatives from the bloc’s 27 member states vote on a new, heavily diluted version of the draft legislation. The Brief – Inflated debate: Why won’t the ECB cut rates? on 06/03/24 “No one,” Plato’s Socrates once famously declared, “who either knows or believes that there is another course of action, better than the one he is following, will ever continue on his present course.” EU civil society body’s chief urges EIB to set up EU housing fund on 05/03/24 The president of the European Economic and Social Committee has urged the EU's lending arm to create a special fund to address Europe’s growing housing crisis, as a more effective vehicle of long-term capital for social housing and the real estate sector's energy transition. Germany hopes to stabilise pension system with €200 billion capital stock on 05/03/24 The German government hopes to secure the long-term financing of its pension system with a new capital stock of up to €200 billion, which should be invested in global markets and yield €10 billion annually starting from 2036. New EU forced labour rules to crack down on exploitation in agri-food supply chains on 05/03/24 EU negotiators reached a deal on Tuesday morning (5 March) on a new regulation aiming to ban products linked to forced labour from the bloc’s market, with potential implications for agricultural and food commodities produced in and outside the bloc.
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