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Europe Daily Bulletin No. 12888

11 February 2022
Contents Publication in full By article 6 / 31
ECONOMY - FINANCE / Companies
Corporate sustainability reporting, MEPs concerned about SMEs
Brussels, 10/02/2022 (Agence Europe)

The issue of SMEs came up a lot on Thursday 10 February, when Mairead McGuinness, Commissioner for Financial Services, Financial Stability and Capital Markets Union, presented the recent proposal for a Corporate Sustainability Reporting Directive (CSRD) (see EUROPE B12884A28) to the European Parliament’s Committee on Legal Affairs (JURI).

The Commissioner explained in her preamble that listed SMEs will be included in the process, “because they risk being excluded from investment...

Contents

EXTERNAL ACTION
AFRICA : Ursula von der Leyen and Macky Sall want Europe-Africa partnership for prosperity, with €150 billion of investment promised by EU
EGYPT: European Commission in contact with France regarding certain exports of cybersurveillance tools
TRADE: interinstitutional negotiations progress on international public procurement instrument
TRADE: European Commission publishes study on sustainability chapters in trade agreements
ECONOMY - FINANCE
ECONOMY: European Commission expects economy to rebound in 2022 after a slowdown in growth this winter
COMPANIES: corporate sustainability reporting, MEPs concerned about SMEs
BANKS: banks maintained strong capital levels, says ECB
SECTORAL POLICIES
HOME AFFAIRS : Schengen Borders Code reform, several Member States call again for option to build anti-migrant ‘walls’
JUSTICE: MEPs approve own-initiative report on protection of children in legal proceedings
ENERGY: first draft compromises of French EU Council Presidency on revision of ‘RED II’ and ‘EED’ directives
CLIMATE: MEPs remain divided over creating a new carbon market for buildings and road transport
FOOD SAFETY: new EU rules to speed up market authorisation of organic pesticides
ENVIRONMENT: Following Simona Bonafè, MEPs raise ambition of proposed regulation on batteries and battery waste
BIODIVERSITY: neonicotinoids, European Commission urges EU27 to protect bees from sulfoxaflor
AGRICULTURE: France, Spain and Austria try to build a European consensus on ‘mirror clauses’
AGRICULTURE: EU sectors concerned about proposed reform of Geographical indication rules
FISHERIES: several NGOs call for a substantial strengthening of rules on control
DIGITAL: AI, French Presidency of EU Council wants to avoid risk of crowding out systems developed by European companies
DIGITAL: artificial intelligence, last sticking points of Axel Voss’ report debated in European Parliament committee
HEALTH: new HERA authority adopts its work plan for 2022
HEALTH: EU Health Ministers agree to take the Health Union forward
EU RESPONSE TO COVID-19
COHESION: Commissioner Elisa Ferreira announces extension until June 2022 of 100% co-financing foreseen in CRII initiative
COHESION: four Member States to receive additional €206 million for green and digital transition
COURT OF JUSTICE OF THE EU
SOCIAL: EU Court of Justice interprets concept of reasonable work accommodation for a disabled person
JUSTICE: CJEU rules length of residence required for a Member State’s court to rule on a divorce petition may depend on petitioner’s nationality
NEWS BRIEFS
OMAN: Muscat and EU discuss strengthening relations
HEALTH: large disparities in access to contraception between Member States
PAYMENTS: European Commission to present initiative on instant payments
FISHERIES: EU Court of Justice to rule on unsustainable catch limits
CSDP: operation EUNAVFOR MED Irini has monitored 5,700 ships since 31 March 2020 launch
TRANSPORT: European Railways Community calls for better cooperation between supply chain actors