EUbusiness Week 577 top stories: Merkel urges ‘political’ union, Spain rating slashed; EU makes first step towards disputed banking union; EU lambasts Russia at head of global protectionist wave; Europe bids to revamp domestic car sector; US, EU reach deal to ease air cargo security headaches; Agency says disabled rights not respected
This Week’s Top Stories
1. Merkel urges ‘political’ union, Spain rating slashed
2. EU makes first step towards disputed banking union
3. EU lambasts Russia at head of global protectionist wave
4. Europe bids to revamp domestic car sector
5. US, EU reach deal to ease air cargo security headaches
6. Agency says disabled rights not respected
Publisher’s Note
The use of e-signatures and e-IDs in cross-border and secure electronic transactions are in for a boost in Europe. The Commission this week proposed a Regulation to enable people and businesses to use national electronic ID schemes (e-IDs) to access public services in other EU countries.
The proposal potentially creates an internal market for e-Signatures. Its major benefit, however, would be the savings accrued from eProcurement. Currently, for example, France still makes it difficult for companies with a non-French signature certificate to access French electronic public procurement.
“Make the most of your e-ID” says the Commission. Creating a genuine European digital market will certainly do this.
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Regards,
Nick Prag
Publisher, EUbusiness
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1. Merkel urges ‘political’ union, Spain rating slashed
German Chancellor Angela Merkel pushed for a stronger European political union Thursday amid growing international calls for action as a brutal Spain ratings downgrade added another twist to the eurozone crisis.
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Corruption and crisis linked in Europe, says world watchdog
2. EU makes first step towards disputed banking union
As urgency mounts over Spain’s finances, the EU on Wednesday unveiled new plans for winding up failing banks, a first step towards a controversial eurozone “banking union”.
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3. EU lambasts Russia at head of global protectionist wave
Already locked in a trade dispute with China, the EU has accused Russia of breaching its pending WTO obligations and other emerging economies of wilful protectionism.
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4. Europe bids to revamp domestic car sector
Europe is drawing up plans to protect its car industry as manufacturers battle barriers to export markets and face up to increasingly tough environmental challenges.
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5. US, EU reach deal to ease air cargo security headaches
The EU and the United States have announced an agreement to recognise each other’s air cargo security controls in a bid to cut costs for the lucrative freight business.
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6. Agency says disabled rights not respected
Europe needs to do more to recognise and respect the rights of the continent’s 80 million people with mental disabilities, an EU rights agency said on Thursday.
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EUROPEAN LAW
Bulgaria: Bulgaria’s ex-farm aid chief, who oversaw the distribution of millions of EU funds, received a suspended sentence for falsely claiming to have a master’s degree.
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Cox, Kwasniewski named to observe Tymoshenko appeal
Latest Court of Justice judgements
EU Law Firms
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Inside the EU Institutions
Council Watch
Schengen: in a landmark move, Member States have agreed to enable countries to temporarily restore border checks in the visa-free Schengen area in the case of a surge of illegal migrants.
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Farming reform caught in budget stalemate
Battles in Syria as EU-Russia seek solutions
EU launches latest space regulation efforts
Council …
Commission Watch
China: Europe’s Trade Commissioner called on Thursday for a sweeping new investment agreement between the EU and China that would open markets in two of the world’s biggest economies.
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EU’s Kosovo mission extended two years
Commission …
Parliament Watch
Ukraine: the Ukrainian parliament backed a controversial bill that the opposition fears would make Russian the country’s de facto second national language as several thousand protesters rallied in the city centre.
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This week, Parliament and Council representatives informally agreed draft legislation on ‘orphan works’, so that a photo, film or poem that is covered by a copyright but whose rights holder cannot be found could be made publicly available across the EU. MEPs on the Economic and Monetary Affairs Committee approved new rules to ensure that house buyers are properly informed before taking on a mortgage.
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EU diary
11-14 Jun, European Parliament plenary session
11 Jun, Environment Council
12 Jun, Fisheries Council
15 Jun, Transport, Telecommunications & Energy Council
18 Jun, Agriculture Council
18-19 Jun, G20 summit
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
Bankers warn Basel III leading to credit crunch 7-Jun
Euro crisis, ‘fiscal cliff’ menace US economy: Fed 7-Jun
China has cut holdings of European assets: report 7-Jun
EUR 10bn rise in clean-up costs for bust bank Dexia 6-Jun
Eurozone suffers worst PMI downturn in three years 5-Jun
Anti-euro book by ex-German banker tops best-sellers 4-Jun
