Highlights of the session included the second in a series of debates with EU leaders on the future of Europe, with Croatian Prime Minister, Andrej Plenković; and the debate and vote on the composition of the European Parliament after Brexit. The European Commission also made statements on fair taxation packages and the manipulation of scientific research by multinationals in the wake of revelations on emission tests on monkeys and humans by the German car industry. Parliament decided to set up a special committee on the Union’s authorisation procedure for pesticides (PEST). Parliament adopted agreed first-reading positions on, inter alia, a regulation on ending unjustified geo-blocking and two regulations on EU external action funds – among the priorities for 2018 in the Joint Declaration agreed by the Council, Commission and Parliament.
The Socialists and Democrats call on the Commission to endorse the recommendations put forward in a report by the High-Level Expert Group on Sustainable Finance. If the European Union is serious about meeting the COP21 climate goals and successfully managing the transition to a low-carbon society, investments into sustainable development must be stepped up considerably.
The European Investment Bank (EIB) is helping Spanish multinational Acciona to develop its innovation and digitalisation activities with a EUR 100 million loan.