Accueil PRESS REVIEWSEuropean Agenda for 12 January 2026: Mercosur Shock and ECB Decisions

European Agenda for 12 January 2026: Mercosur Shock and ECB Decisions

Par Yohan Taillandier
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Monday, 12 January: Parliament Committees and Mercosur Background

This Monday, 12 January, there is no plenary session in Strasbourg. Instead, the European Parliament is meeting in Brussels in committees and political groups to prepare for the upcoming plenary session in Strasbourg, scheduled for 19–22 January.

Among today’s highlights, the Committee on Budgetary Control (CONT) will meet from 2 p.m. to 3 p.m. to continue its work on the 2024 EU budget discharge. Meanwhile, in the late afternoon, the Subcommittee on Housing will hold its first discussion on the Commission’s Affordable Housing Plan with Commissioner Dan Jørgensen, responsible for Energy and Housing. This plan, adopted on 16 December 2025, is presented by the Cypriot Presidency as a flagship dossier of its six-month term, aligning with the vision of a “socially strong and cohesive” Union.

12 to 18 January: A Week of Intense Political Preparation

Throughout the week, parliamentary committees and political groups are gearing up for the Strasbourg plenary (19–22 January), which will be one of the first political milestones of 2026. According to the European Parliament’s “Week Ahead” agenda, MEPs are preparing to debate the outcomes of the December European Council, EU foreign and security policy, the need to adapt to emerging risks (drones, hybrid warfare), air passenger rights, the security of medicine supplies, EU-US relations, and digital sovereignty.

On the committees’ website, a section titled “Highlights 12–15 January” notes that members are working in Brussels on technical yet politically sensitive issues: the simplification of financial rules, the “Securitization Package,” industrial policies, the automotive and battery sector strategy, and hearings on financing the green transition and the state of livestock farming in Europe.

Mercosur: Member States’ Decision and a Looming Battle in Parliament

Against the backdrop of this parliamentary week, the EU-Mercosur agreement dominates institutional news. On Friday, 9 January, Member States gave the green light to sign the agreement by qualified majority, ending over twenty years of negotiations with Argentina, Brazil, Paraguay, and Uruguay. According to Euronews and Reuters, France, Poland, Austria, Hungary, and Ireland voted against, while Belgium abstained; however, this was insufficient to form a blocking minority against a broad coalition led by Germany and Spain.

Reports indicate that a signing ceremony is expected on 17 January in Asunción, which would create a free trade area covering more than 700 million people. The agreement, “concluded” politically by Ursula von der Leyen in December 2024, further opens the Latin American market of 280 million consumers to European firms, while including quotas and safeguard clauses for sensitive sectors such as beef and other agricultural products.

However, the text still requires consent from the European Parliament, where representatives from France, Ireland, and other member states are already signaling a fierce political battle over social, agricultural, and climate concerns.

Cyprus Presidency: Social Agenda and Housing at the Forefront

The Cypriot Presidency of the Council, which began on 1 January 2026, is shaping the early-year institutional agenda. A briefing note from the European Parliament Research Service (EPRS) on “Priority dossiers under the Cyprus EU Council Presidency” highlights three main pillars: a strategically autonomous and resilient Union, a Union open to the world, and a socially strong and cohesive Union. On this final point, Nicosia is placing particular emphasis on the fight against poverty, the housing crisis, and access to education.

The Parliament’s “Week Ahead” reflects how these priorities are translating into action: the housing committee is hearing from the Commission on its plan, MEPs are questioning officials on social infrastructure financing, and initial discussions are underway regarding how revised fiscal rules will—or will not—support these investments.

Council of Europe: Towards a Chișinău Declaration on Migration

While the EU adjusts its legislative agenda, the Council of Europe is moving forward on another front: the European Convention on Human Rights and migration management. On 6 January 2026, the Steering Committee for Human Rights (CDDH) adopted a document outlining “possible elements” for a Chișinău Declaration on Migration and Human Rights, to be discussed for political adoption in May 2026.

This working text reaffirms the obligation of States to comply with European Court of Human Rights (ECHR) judgments and emphasizes principles of subsidiarity and shared responsibility. However, it also expresses serious concern regarding “irregular migration,” the “instrumentalization” of migratory flows, and the challenges of deporting individuals convicted of serious offenses.

As reported by the ECHR Blog, many NGOs and legal experts fear that the phrasing of these concepts risks politically legitimizing practices of refoulement, detention, or externalization, while still claiming compatibility with the Convention.

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