EUbusiness Week 672 top stories: EU to slap new sanctions on Russia; Britain, France get top jobs from Juncker; EU accuses big banks of dodging bonus cap; EU ups pressure on Google in anti-trust probe; China’s reforms moving too slowly: EU businesses; EU countries want Britain to stay – except France: poll
Publisher’s Note
This week Commission President-elect Jean Claude Juncker finally announced his new Commission team. It is a high-powered team, with 9 former prime ministers, but it will have its work cut out, facing a stagnant economy, rising euroscepticism in Europe and the Ukraine crisis on its borders.
Can this new-look executive provide a new era of policy-making at EU level? The first verdict will come from the European Parliament committees, bound to give the proposed Commissioners an uncomfortable grilling, before the plenary passes its vote on the 28-member College later this month.
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Regards,
Nick Prag
Publisher, EUbusiness
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1. EU to slap new sanctions on Russia
The European Union agreed to slap a new round of sanctions on Russia on Friday despite the ceasefire in Ukraine, triggering a swift threat of retaliation from Moscow.
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EU suspends aid to farmers hit by Russian embargo
2. EU proposes new Ukraine-Russian gas talks
Brussels said Thursday it has invited Russia and Ukraine to hold new EU-brokered talks in Berlin on September 20 in a bid to end their dispute over gas deliveries.
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3. EU accuses big banks of dodging bonus cap
The European Union must crack down on banks sidestepping a cap on pay bonuses that were set by Brussels earlier this year, says Internal Market Commissioner Michel Barnier.
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4. EU ups pressure on Google in anti-trust probe
US Internet giant Google saw its chance of a quick resolution to an anti-trust probe fade on Tuesday after Competition Commissioner Joaquin Almunia called for “new solutions” to address complaints from rivals.
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5. China’s reforms moving too slowly: EU businesses
European businesses in China are warning the Communist Party urgently to implement promised reforms or risk seeing growth in the world’s second-largest economy plummet and incomes stagnate.
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6. EU countries want Britain to stay – except France: poll
People in most EU countries want Britain to stay in the bloc — with the exception of France — according to a new poll published on Wednesday.
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EUROPEAN LAW
MasterCard: the Union’s top court has ruled that US credit-card giant MasterCard was at fault over its fees on cross-border transactions, which it said restricted competition.
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Latest news from the European Court of Justice
EU Law Firms
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Inside the EU Institutions
Council Watch
Austerity: German Finance Minister Wolfgang Schaeuble hit back on Tuesday at critics of austerity in Europe, saying economic growth cannot be boosted by easing the bloc’s budget rules or cutting interest rates.
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Polish PM Tusk steps down as Brussels calls
German anti-euro party eyes gains in state polls
Latvia’s president gives nod to Scottish ‘No’ camp
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Commission Watch
Scotland: the EU vowed to stay out of the Scottish independence referendum debate as questions flew over Scotland’s prospects of membership in the bloc if it splits from Britain.
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New EU job pen portraits
Commission 2014 – 2019 – portfolios & supporting services
EU sharply increases aid for Ebola-hit West Africa
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Parliament Watch
Papal visit: Pope Francis will speak to Euro-MPs in Strasbourg on November 25.
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Bearded lady Wurst to sing in front of Parliament
In committee this week the Budgets Committee approved EU aid for redundant Spanish workers, as well as redundant Romanian, Dutch and Greek workers; and foreign affairs MEPs recommended EP consent to the EU-Ukraine association deal.
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EU diary
15-18 Sep: European Parliament Plenary Session
16 Sep: Workshop on the safe use of chemicals by SMEs
18-19 Sep: Translating Europe – Forum & Workshops
19-20 Sep: 18th Annual Competition Conference
22 Sep: Commission publishes Erasmus Impact Study findings
The Week Ahead
Long-term diary
RESOURCES
EU Law Firms
Summaries of EU Legislation
EU Decision-Making
Treaties of the European Union
Key EU Legal Terms
Other news on EUbusiness this week
EU clears Murdoch’s Sky pay-TV deals 11-Sep
Cyprus fears next tranche of bailout funds at risk 11-Sep
Baltics most vulnerable to Russia food sanctions 10-Sep
Washington news website Politico plans Euro edition 10-Sep
ECB helps Montenegro central bank meet EU standards 10-Sep
Greek economy to grow in third quarter 7-Sep
Cyprus parliament adopts crucial foreclosure bill 6-Sep
EUbusiness Community
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Press
UEAPME presents Crafts and SME priorities to Commissioners
EBF statement on financial transaction tax
Vacuum cleaners become more energy-efficient – ANEC
More press …
Jobs
EU Affairs Director, Eurogas
Adviser Banking Supervision/Corporate, European Association of Co-operative Banks
Policy Officer on Energy and Climate, European Environmental Bureau
Funding Partnerships Manager, Fairtrade International
More jobs …
Guides
Industrial competitiveness – Commission reports
Veterinary medicines and medicated feed proposals
Ebola outbreak in West Africa – EU response
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Events
7 Oct, Grenoble: SEMICON Europa 2014
30 Oct, Leuven: Symposium on Intelligent Data Analysis
3 Nov, London: Trade and Academic Research Conference
2 Dec, Lille: BioFIT 2014
More events …
Publications
European Competitiveness Report 2014 – Helping Firms Grow
More publications …
Links
Member States’ Competitiveness Report 2014: Reindustrialising Europe
