EUbusiness Week 533 top stories: ‘First’ outbreak of mystery bacteria kills 18; Trichet warns Greeks failure means interference; EU, Japan agree to work towards mega free trade deal; EU, Ukraine sign deal for aid and reform; Euro factory growth: steepest fall since 2008; EU carbon emissions plummeted in 2009
This Week’s Top Stories
1. ‘First’ outbreak of mystery bacteria kills 18
2. Trichet warns Greeks failure means interference
3. EU, Japan agree to work towards mega free trade deal
4. EU, Ukraine sign deal for aid and reform
5. Euro factory growth: steepest fall since 2008
6. EU carbon emissions plummeted in 2009
Publisher’s Note
More standards for Europe and faster: this, says the European Commission, is the goal of a series of measures presented this week to strengthen the system of standard-setting in Europe.
Highlights of the plan include enhancing cooperation with leading European standardisation organisations; drafting standards with the help of consumers and small businesses; recognising global ICT standards; and increasing European standards for services if there is a demand from business.
The new strategy is welcome, particularly the aim to involve SMEs in the process of drafting standards. Europe needs a dynamic European standardisation system to react to the challenge of rapid innovation and technology convergence, as well as the challenge of fierce global competition.
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Regards,
Nick Prag
Publisher, EUbusiness
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1. ‘First’ outbreak of mystery bacteria kills 18
The World Health Organisation warned Thursday Europe is seeing the first outbreak of a lethal bacteria, as its death toll climbs to 18 and the first suspected cases are reported in the US.
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Russia lays out conditions for EU vegetable ban removal
2. Trichet warns Greeks failure means interference
European Central Bank President Jean-Claude Trichet has warned Greece that a failure to stabilise its economy on its own will increase pressure for the international community to do it.
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Greece needs massive privatisation: ECB’s chief economist
3. EU, Japan agree to work towards mega free trade deal
Leaders of the EU and Japan have agreed to start talks towards a multi-billion-euro free trade deal linking the world’s third biggest economy to the globe’s largest market.
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4. EU, Ukraine sign deal for aid and reform
The EU and Ukraine have signed a new deal for Brussels to grant more financial aid in exchange for “bottom up” political reform as the ex-Soviet republic considers a future EU membership bid.
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5. Euro factory growth: steepest fall since 2008
A key indicator of eurozone manufacturing health in May registered its steepest fall since the height of the financial crisis in November 2008, suggesting recovery has lost significant momentum.
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6. EU carbon emissions plummeted in 2009
Greenhouse gas emissions by the 27 Member States fell by 7.1 per cent in 2009 over 2008, driven by economic recession but also a switch to renewable energy, the European Environment Agency said on Tuesday.
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EUROPEAN CASE LAW
EU patent: Italy has lodged a formal complaint with the European Court of Justice against a decision by 25 Member States to come up with a European patent without its consent.
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Latest Court of Justice judgements
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Inside the EU Institutions
Council Watch
Presidency: European defence, energy and food security will be among the priorities of Poland’s six months as EU president beginning July 1, says Polish Prime Minister Donald Tusk.
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New Portugal gov’t faces rush to start implementing bailout
Council …
Commission Watch
Greece: Commissioner Olli Rehn insisted Wednesday that restructuring Greek debt was not part of a plan to fix Athens’ finances.
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EU warns Kosovo on fiscal discipline
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Euro-Parliament Watch
Shifting policy-making and spending in cross-border areas such as energy and transport from national to EU level would improve investment returns and cut costs by generating economies of scale, said the Financial Crisis Committee this week. The committee’s final report also proposes introducing Euro-bonds and a financial transaction tax.
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EU diary
6-9 Jun, European Parliament Plenary Session
6 Jun, Health Council
9-10 Jun, Justice and Home Affairs Council
23-24 Jun, European Council
The Week Ahead
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Other news on EUbusiness this week
E. coli germ is new strain, say two gene labs 2-Jun
Bosnian Serbs feel betrayed over Mladic arrest 2-Jun
Macedonia gears for polls in hope for EU future 2-Jun
EU bank freezes future loans to mining giant Glencore 1-Jun
Serbia seeks EU talks date after Mladic transfer 1-Jun