The EU and the US announced they will hold a second round of the Transatlantic Trade and Investment Partnership (TTIP) talks in Brussels from Monday 11th – Friday 15th November 2013. The teams of negotiators from either side of the Atlantic are expected to discuss services, investment, energy and raw materials, and regulatory issues. Details
The European Central Bank published:
The tenth meeting of the Accession Conference with Turkey at Ministerial level was held in Brussels. The Conference opened negotiations on Chapter 22 - Regional Policy and Coordination of Structural Instruments. This chapter covers one of the core EU policies, supporting job creation, competitiveness, innovation, economic growth, improved quality of life and sustainable development. Press release and memo.
The European Commission issued a consultation on draft guidelines on state aid for rescuing and restructuring non-financial undertakings in difficulty. The proposal aims to ensure that such support is targeted at the cases where it is needed most and that investors in failing firms carry their share of the costs of restructuring, rather than leaving the burden for taxpayers to bear. Press release and Q&A.
The European Commission published a communication: Delivering the internal electricity market and making the most of public intervention. It gives guidance to Member States on how to make the most of public interventions, how to reform existing ones - especially renewable energy subsidy schemes - and how to effectively design new ones. Details
The new Transparency Directive has been published in the Official Journal. The Directive requires issuers of securities traded on regulated markets to publish periodic financial information about the issuer's performance over the financial year and on-going information on major holdings of voting rights. The directive also includes a requirement for listed companies operating in the oil, gas and mineral extractive as well as the forestry industry, to disclose payments to governments in countries where they operate.
The European Commission proposed the legislation necessary for the European Union to formally ratify the second commitment period (2013-2020) of the Kyoto Protocol on climate change. The EU, the Member States and Iceland have committed to jointly achieve a 20% reduction in their combined greenhouse gas emissions over the second period compared to the level in 1990 or their other chosen base years. Details
Competition Commissioner Joaquín Almunia gave a speech on Antitrust damages in EU law and policy.
The European Parliament's Regional Development Committee endorsed the deal struck with Council on the new Cohesion Policy for 2014-2020. Once the EU's 2014-2020 budget is confirmed by the European Parliament and EU member states, Cohesion Policy will invest € 325 billion in Europe's regions and cities. Memo and Regional Policy Commissioner Johannes Hahn's speech.
Internal Market and Services Commissioner Michel Barnier gave a speech in Brussels: Restoring confidence in the EU. According to Barnier, Brussels is tackling three of Europe’s failures: the lack of financial regulation; the level of public debt; and poor economic governance. But there is a fourth failure we need to tackle: lack of competitiveness.
The Committee of Permanent Representatives endorsed the agreement reached between the Lithuanian EU Council Presidency, the European Parliament and the Commission on the amended proposal for a Regulation on guidelines for trans-European telecommunications (TEN-TELE) networks. This will allow timely enter into force of the guidelines as of January 2014. Press release.
Agenda of the European Commission.