Discover and read the best of Twitter Threads about #COREPER

Most recents (7)

1/16 A lot happened on the #PlatformWork directive, currently under negotiations at the @Europarl_EN and the @EUCouncil, in the past few weeks. Thought I’d put a little 🧵 together to outline key developments in the Council ahead of tomorrow’s COREPER, and what happens next⤵️
@Europarl_EN @EUCouncil 2/16 #COREPER, a meeting of all Ambassadors to the 🇪🇺, said no last Wednesday (23 Nov) to a compromise text the 🇨🇿 Presidency put together after months of negotiations. Not the end of the 🌍 but a diplomatic setback, which speaks to the sensitivity of the file
3/16 Bear in mind the 🇨🇿 do not welcome the @EU_Commission's proposal to start with. Efforts so far have been to accommodate for the more pro-platform MS of the lot, inc Eastern and Central European states. But this has irked other countries which want a more ambitious directive
Read 16 tweets
🔴 Alerta
El 12 de octubre, @Teresaribera anunció que España se retira del Tratado sobre la Carta de la Energía (TCE). Era una buena noticia.
El 14 de noviembre, España podría aceptar que la UE siga siendo miembro y amplíe la vida de este nefasto Tratado. #Hilo 🧵 #ExitECT #COP27
1. Con esta carta España notificó a la Comisión Europea que:
1⃣ Inicia el procedimiento para hacer efectiva la salida del Tratado de la Carta de la Energía.
2⃣ No puede apoyar el tratado modernizado.
3⃣ Insiste en que una salida coordinada de la UE es la mejor opción.

#ExitECT Image
2. Según @Teresaribera la propuesta de modernización del Tratado de la Carta de la Energía es "altamente insuficiente":
➡️ No alineada con el Acuerdo de París.
➡️ No garantiza la defensa e integridad del ordenamiento jurídico de la UE.
Read 14 tweets
📢#MiCA is complete!

The landmark #crypto regulation sets out uniform 🇪🇺 requirements for offerors of #cryptoassets and service providers (#CASPs) to apply for authorisation in the Single Market.

👀🧵for a full dive on #MiCA and what it means for the #cryptoindustry.

Even though a better agreement was close last week, 🇫🇷 vetoed it during the 🇪🇺 MS intervention period & raised concerns on USD-denominated #stablecoins used as a "means of #exchange", suggesting a return to their restriction when used for #settlement purposes ❗️

The compromise was to at least clarify that USD-#stablecoins used for spot #trading would NOT be captured.

The final text was approval by #COREPER yesterday and @EP_Economics will do it on 10/10. Final adoption by Ministers and the Parliament’s Plenary will be end of Oct.

Read 22 tweets
💥Few days after #ViktorOrban visited Moscow, #Hungary upping its game over EU's sanctions vs #Russia

The sanctions list can only be rolled over by unanimous vote

Deadline for renewal: 15 Sept

#Thread on why this is not 'business as usual' 1/8

@EditaHrdaEU @SFischer_EU
2/ When EU agreed Russia oil embargo, HU used its veto to get exemptions for pipeline imports

It could point out to a) vital econ interests b) similar impact on two other CE landlocked countries

This time: HU is alone
3/ None of the three RU oligarchs that Orbán wants de-listed from EU sanctions (visa ban, asset freeze) have substantial business in #Hungary

These are big🐟for #Putin & his bussiness matters: Usmanov seen as his fixer
Read 8 tweets
Three very important votes in #coreper today. Despite threats by 🇭🇺and 🇵🇱 to veto the EU budget if this Regulation passed, the Rule of Law (RoL) Regulation passed. 🇭🇺 and 🇵🇱 vetoed the Own Resources Decision (ORD). So what happens now? (thread)
1) First, if no agreement is found on ORD, we fall back on the previous MFF, which obviously didn't include RRF. BUT the new RoL mechanism will apply to all EU spending, hence also to the carried over MFF. Cohesion & CAP money for 🇭🇺 🇵🇱 will now be scrutinised on RoL grounds.
2) Meanwhile, rest of EU could simply copy-paste the RRF text into an ad hoc intergovernmental Treaty (like the ESM one) and take it out of the EU budget. It would require some technical tweaks, like setting up an SPV to issue rather than having the EU do it, but it is feasible.
Read 6 tweets
🇪🇺 Today’s #COREPER II has just started. EU Ambassadors will take important votes on the next #EUbudget. Among them are votes on
🔹the #EUbudget & recovery package,
🔹the conditionality mechanism and
🔹the own resources decision.
‼️ #COREPER update: First decision was on the regulation on the protection of the Union budget (conditionality machanism)
👉 EU Ambassadors confirmed the final compromise text with qualified majority.

#EUBudget #MFF #RuleOfLaw
‼️ #COREPER update: The 2nd decision was on the agreement in principle on the Multiannual Financial Framework & Recovery Package
👉 2 EUMS expressed reservations with regard to their opposition to 1 element of the overall package - but not to the substance of the #MFF agreement
Read 4 tweets

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