European Union

Source : © European Union, 2016 - EP

Plenary sessions : Trust in the US took a hit following revelations of mass surveillance by Edward Snowden, but an agreement on data protection adopted by MEPs today should help to restore it. The deal known as the umbrella agreement covers the transfer of all personal data exchanged across the Atlantic when dealing with criminal offences, including terrorism. Green German MEP Jan Albrecht, who was responsible for steering the deal through Parliament", said it would ensure “high standards and high protection”.

Source : © European Union, 2016 - EP

Plenary sessions : Trust in the US took a hit following revelations of mass surveillance by Edward Snowden, but an agreement on data protection adopted by MEPs today should help to restore it. The deal known as the umbrella agreement covers the transfer of all personal data exchanged across the Atlantic when dealing with criminal offences, including terrorism. Green German MEP Jan Albrecht, who was responsible for steering the deal through Parliament", said it would ensure “high standards and high protection”.

Source : © European Union, 2016 - EP

On 1 December 2016, the Permanent Representatives Committee (Coreper) agreed on the Council's negotiating position on the regulation on the European fund for sustainable development (EFSD) and establishing the EFSD guarantee and the EFSD guarantee fund. The text will be presented for adoption to the Council in December 2016.

''This is an important milestone in our efforts to make this fund a reality. The EFSD aims in particular at tackling the root causes of irregular migration by creating job opportunities, encouraging investments and facilitating sustainable development in partner countries. It is a vital  instrument. Today's agreement respects the end-of year deadline set by the European Council. Based on this mandate, negotiations with the European Parliament should begin next year.''

Peter Javorčík, Permanent Representative of Slovakia to the EU and President of the Permanent Representatives Committee

The EFSD will be composed of two regional investment platforms which will support investments and increase access to financing, primarily in Africa and the European neighbourhood. It will do so by supplying financing capacity in the form of grants, guarantees and other financial instruments, including blending, with the total foreseen budget of 3.35 billion euro, with a potential to mobilise up to 44 billion euro of investments. Its management will be ensured by the European Commission in close cooperation  with the European Investment Bank.

The fund will operate as a "one-stop shop" to receive financing proposals from financial institutions and public or private investors and deliver a wide range of financial support to eligible investments.

The regulation also establishes an EFSD guarantee and a guarantee fund. This will allow the EU to provide guarantees to eligible counterparts for specific financing and investment operations. The EFSD guarantee fund will constitute a liquidity cushion from which eligible counterparts would be paid in the event of a call on the EFSD guarantee. Resources for this fund will come from the general budget of the EU, voluntary contributions from member states, returns on invested resources of EFSD guarantee fund, amounts recovered from defaulting debtors and any other payments received by the EU as part of the guarantee agreements. 

DRAFT REPORT on the 2016 Commission Report on Bosnia and Herzegovina
Committee on Foreign Affairs
Cristian Dan Preda

Source : © European Union, 2016 - EP

Today I warmly welcome Prime Minister Kvirikashvili to Brussels. And let me use this opportunity to congratulate you, Giorgi, on your re-appointment as Prime Minister. I have enjoyed working with you during the last year and I now look forward to building on our good cooperation.

The recent parliamentary elections in Georgia were competitive and respected fundamental freedoms. It was a true success for Georgia's democracy and I thank the Prime Minister for his government's dedication to ensuring such an outcome. In our meeting today I encouraged the Prime Minister to continue his close dialogue with the opposition and Georgian civil society and to govern and advance reforms in an inclusive fashion.

In today's talks we discussed the strong relations between Georgia and the European Union. I paid tribute to Georgia's ambitious reform programme under the Association Agreement and Deep and Comprehensive Free Trade Area (AA/DCFTA), for the benefit of Georgia and EU-Georgia relations. The EU will continue to assist you in this process.

I also want to thank Georgia for being a strong partner in the Eastern Partnership. I look forward to setting further common objectives for this cooperation at our next Eastern Partnership Summit in November next year.

And let me also take this opportunity to thank Georgia for its continued contributions to EU crisis management operations, assisting us in advancing EU foreign and security policy objectives.

When it comes to visa-free travel for Georgians, all Member States confirmed last October the assessment that Georgia has met all the required benchmarks. We are now working hard on the EU side, and I want to underline only on the EU side because this is now only our internal problem, to make sure that the required visa suspension mechanism, which is a horizontal mechanism for all EU's visa arrangements, will be agreed as soon as possible. Georgia deserves a timely and positive finalisation of this process.

Finally, let me express my concern about the recent ratification of the so-called agreement between Russia and the Georgian breakaway region of Abkhazia on military cooperation. For the EU it is clear that this agreement violates international law, including the principle of the inviolability of Georgia's sovereignty, territorial integrity and internationally recognised borders. It has no legal status for the European Union.

We are committed to a peaceful resolution of the conflict in Georgia, including through our co-chairmanship of the Geneva International Discussions and the EU Monitoring Mission. In short, the EU will remain firm in its support of the territorial integrity of Georgia.

REPORT on the Annual Report on human rights and democracy in the world and the European Union’s policy on the matter 2015
Committee on Foreign Affairs
Josef Weidenholzer

Source : © European Union, 2016 - EP

Plenary sessions : The European Commission should revise its code of conduct for Commissioners, to ensure that their declarations of interests give a complete picture of the financial situation and activities of a Commissioner and his or her family, said MEPs in a non-binding resolution voted on Thursday. The “cooling off” period for ex-Commissioners should be prolonged to 36 months, they added.

Source : © European Union, 2016 - EP

Plenary sessions : The European Commission should revise its code of conduct for Commissioners, to ensure that their declarations of interests give a complete picture of the financial situation and activities of a Commissioner and his or her family, said MEPs in a non-binding resolution voted on Thursday. The “cooling off” period for ex-Commissioners should be prolonged to 36 months, they added.

Source : © European Union, 2016 - EP

The Syrian regime has driven back the rebels in eastern Aleppo with the help of Russian fighter jets and tens of thousands of people are fleeing the areas under attack. A victory for the government forces in the northern Syrian city could mark a turning point in the civil war. Aleppo's recapture will bolster terrorist groups, commentators predict, concluding that US President Obama is partly to blame for the course the war has taken.

The Organization of the Petro Exporting Countries (Opec) has decided, on the basis of a preliminary agreement reached in September, to cut production for the first time since 2008 in a bid to halt falling oil prices. The move prompted oil prices to soar shortly after it was announced. Commentators say it is high time Europe switched to alternative energy sources.

The Italians will vote on a complex constitutional reform on December 4 that among other things foresees a smaller Senate. However, according to observers the referendum is less about the reform than a vote for or against Prime Minister Matteo Renzi and the potential consequences of a government crisis for all Europe. How risky is Renzi's gambit?