Austerity – the human cost – EUbusiness Week 503

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EUbusiness Week – Newsletter 503
1 October 2010
http://www.eubusiness.com
Your way through the EU information maze
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This Week’s Top Stories
=======================
1. Fresh eurozone turbulence as Irish deficit soars
2. Europe gives France ultimatum in Roma row
3. Member States reject ‘a la carte’ solution to GM impasse
4. European Union eyes stronger cyber defences
5. Bisphenol-A chemical used in baby bottles safe: EFSA
6. Two thirds of Icelanders want EU membership talks: poll

Publisher’s Note
================
The human cost of the squeeze on jobs across Europe was
brought into focus this week by mass protests against public
spending cuts. “No to austerity” was the message of
thousands of workers who marched in Brussels on Wednesday.

The global financial crisis has pushed millions of jobs off
the European map. Workers are worried that many more will go
as a result of government belt-tightening. Less so in
Germany, however, which has avoided the massive unemployment
seen in other EU countries. This is thanks to a
“Kurzarbeit” scheme, where the government subsidised shorter
working hours to help companies get through the global
downturn. Maybe an example for others to follow.
http://www.eubusiness.com/news-eu/economy-strike.6bm

Regards,

Nick Prag
Publisher, EUbusiness

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1. Fresh eurozone turbulence as Irish deficit soars
—————————————————
Europe’s economy hit fresh turbulence on Thursday when
Ireland revealed a crippling record deficit and Spain
suffered a credit downgrade, as euro partners pursued
deep budget cuts despite a worker backlash.
http://www.eubusiness.com/news-eu/finance-economy.6ci
Eurozone rescue fund ready but ‘unlikely to be needed’
http://www.eubusiness.com/news-eu/eurozone-finance.6cg

2. Europe gives France ultimatum in Roma row
——————————————–
Europe has slapped down France over its expulsion of Roma
Gypsies, threatening legal action unless Paris abides by EU
rules on freedom of movement within two weeks.
http://www.eubusiness.com/news-eu/france-immigration.6bj

3. Member States reject ‘a la carte’ solution to GM impasse
———————————————————–
Farm ministers have rejected an EU proposal to allow Member
States to make their own decisions on whether or not to ban
Genetically Modified crops as a way out of deadlock.
http://www.eubusiness.com/news-eu/farm-food-industry.6ah

4. European Union eyes stronger cyber defences
———————————————-
Europe must build stronger defences against cyber attacks
and impose stiffer penalties against convicted hackers,
the Commission said on Thursday.
http://www.eubusiness.com/news-eu/security-internet.6cr

5. Bisphenol-A chemical used in baby bottles safe: EFSA
——————————————————-
Bisphenol-A, a chemical used in baby bottles that is banned
in Australia, Denmark, Canada and France, poses no health
risks, says the European Food Safety Authority.
http://www.eubusiness.com/news-eu/health-chemical.6cl

6. Two thirds of Icelanders want EU membership talks: poll
———————————————————-
Two thirds of Icelanders are in favour of continuing EU
membership talks, according to a poll published on Tuesday
showing a dramatic shift in opinion since June.
http://www.eubusiness.com/news-eu/enlarge-iceland.6b9

EUROPEAN CASE LAW
=================
Dads: fathers are entitled to “breastfeeding” leave even
when mothers are self-employed, the European Court of
Justice ruled on Thursday.
http://www.eubusiness.com/news-eu/justice-family-men.6co
Court annuls funds freeze against Saudi ‘terror’ suspect
http://www.eubusiness.com/news-eu/justice-attacks.6cn

Latest Court of Justice Judgements
http://www.eubusiness.com/eulaw/ecj
General Court
http://www.eubusiness.com/eulaw/general-court
Civil Service Tribunal
http://www.eubusiness.com/eulaw/civil-service
http://www.eubusiness.com/eulaw
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from national and European Courts. Free 30 day license for
EUbusiness readers – thereafter at a special introductory
discount of 20 per cent
http://www.eubusiness.com/caselex-30
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Inside the EU Institutions
==========================

Council Watch
————-
South Africa: Europe handed EUR 120m to help South African
primary school children during an EU-South Africa summit
that ranged through a gammut of global and regional issues.
http://www.eubusiness.com/news-eu/safrica-diplomacy.6b4
EU ‘ready’ to review Zimbabwe sanctions
http://www.eubusiness.com/news-eu/zimbabwe-safrica.6b1
Eurozone urges Portugal to reform economy
http://www.eubusiness.com/news-eu/portugal-finance.6cd
http://www.eubusiness.com/European_Council

Commission Watch
—————-
Stability Pact: the Commission has proposed new rules to
crack down on spendthrift governments, with the threat of
big fines to prevent a re-run of the spring debt drama.
http://www.eubusiness.com/news-eu/finance-economy.6be
Almunia welcomes ‘clarity’ of Ireland’s banking plans
http://www.eubusiness.com/news-eu/ireland-finance.6ca
EU ready for mackerel battle vs Iceland, Faroes
http://www.eubusiness.com/news-eu/fish-environment.6ai
http://www.eubusiness.com/Commission

Euro-Parliament Watch
———————
Parliament’s Budgets Committee has finalised the bulk of its
position on next year’s budget. Key changes increased
funding for research, innovation, student mobility,
energy and support for the Middle East peace process.

In committee this week, the Fisheries Committee criticised
unilateral decisions by Iceland and the Faroe Islands to
increase their mackerel catches; the Int’l Trade Committee
approved an EU-wide system of country of origin markings for
goods imported from third countries; and there was a cross-
party call to bolster the EU economy against future shocks.
http://www.eubusiness.com/Europarl

EU diary
——–
30 Sep-1 Oct, Economic and Financial Affairs Council
4-5 Oct, Asia-Europe meeting
6 Oct, EU-China summit
6-7 Oct, European Parliament Part-Session
7-8 Oct, Culture Ministers’ Meeting (Informal)
7-8 Oct, Justice and Home Affairs Council
11 Oct, Competitiveness Council

The Week Ahead: http://www.eubusiness.com/events/EUcalendar
Long-term diary: http://www.eubusiness.com/events/eu-diary

EUbusiness Community
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Press
—–
Expiring measures on loan guarantees and risk capital must
be kept, say SMEs
http://www.eubusiness.com/Members/UEAPME/sme-finance.10

ENVI vote on Information to Patients: Relief for Consumers
http://www.eubusiness.com/Members/BEUC/medicines.10
More press: http://www.eubusiness.com/press

Jobs
—-
Experienced consultant, Ramboll Management Consulting
http://www.eubusiness.com/Jobs/ramboll.10-09-29

Deputy Director-General, DG Economic and Financial Affairs
http://www.eubusiness.com/Jobs/dg-ecfin.10-09-29
More jobs: http://www.eubusiness.com/jobs

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Events
——
9 Oct, Italy: Networked humanities: art history on the web
http://www.eubusiness.com/culture/art-history.10

26 Oct, Greece: DATA Visualization and Integration in
Enterprises and on the Web
http://www.eubusiness.com/research/dataview.10
More events: http://www.eubusiness.com/events

Guides
——
Proposals to boost EU’s defences against cyber-attacks
http://www.eubusiness.com/internet/cyber-attacks.01

Roma and EU law on free movement of EU citizens
http://www.eubusiness.com/living-in-eu/roma-ec.10

Economic governance package
http://www.eubusiness.com/finance/economic-governance-1
More guides: http://www.eubusiness.com/guides

Publications
————
Beyond RoE: How to measure bank performance. Appendix to the
report on EU banking structures – ECB
http://www.eubusiness.com/finance/beyond-roe-ecb
More publications: http://www.eubusiness.com/EUbooks

Other news on EUbusiness this week
———————————-
‘Colossal’ Turkmen gas reserves ‘available for EU’ 30-Sep
http://www.eubusiness.com/news-eu/turkmenistan-gas.6cb
Eurozone inflation hits 1.8 per cent in September 30-Sep
http://www.eubusiness.com/news-eu/eurozone-economy.6c6
ENI gives up gas pipelines to settle antitrust case 29-Sep
http://www.eubusiness.com/news-eu/italy-competition.6bk
Eurozone economic confidence at 3-year high 29-Sep
http://www.eubusiness.com/news-eu/eurozone-economy.6bc
EU to put cereal stocks on market by year-end 27-Sep
http://www.eubusiness.com/news-eu/farm-food.6ao
Lending growth accelerates in eurozone: ECB 27-Sep
http://www.eubusiness.com/news-eu/eurozone-bank-ecb.6aa

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