EUbusiness Week top stories: ECB pulls QE trigger on deflation; Europe faces Greek headache whoever wins vote; EU charges Amazon tax deal with Luxembourg was illegal; EU bans sea bass trawling to save species; EU partners with pharmaceutical industry to fight Ebola; EU pulps Indian mango ban
Publisher’s Note
Latvia has already outlined the broad priorities for its EU presidency: competitive, digital and engaged Europe. This week, its ministers came to Europe’s Parliament and gave EP committees details about some items of legislation and new initiatives we can expect over the next few months.
MEPs heard hopes for agreement on biofuels, limiting polluting emissions from combustion plants, regulations on medical devices, data protection and more. While major decisions may be unlikely during this presidency, Latvia will be looking to make progress on many issues which will advance the EU’s broader aims.
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Regards,
Nick Prag
Publisher, EUbusiness
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1. ECB pulls QE trigger on deflation
The European Central Bank on Thursday unveiled plans for a massive programme of bond purchases to avert the threat of deflation in the euro area.
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Reforms ‘essential’ after ECB stimulus: IMF’s Lagarde
2. Europe faces Greek headache whoever wins vote
Whoever wins Greece’s general election on Sunday, Europe will have to take urgent action to tackle the country’s mountain of debt before it buries the rest of the eurozone.
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3. EU charges Amazon tax deal with Luxembourg was illegal
EU regulators have charged Luxembourg with giving illegal tax breaks to Internet shopping giant Amazon, putting Commission chief Jean-Claude Juncker back in the spotlight over deals made when he was the duchy’s prime minister.
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4. EU bans sea bass trawling to save species
The EU said Monday it will ban open water trawling of sea bass during the spawning season through April in order to ensure the stock’s survival.
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5. EU partners with pharmaceutical industry to fight Ebola
The EU will partner with the European pharmaceutical industry to finance EUR 215m in research projects to fight Ebola, mainly to develop vaccines and diagnostic tests.
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6. EU pulps Indian mango ban
The EU lifted an import ban on Indian mangoes Tuesday after nine months in which New Delhi had raged over its forbidden fruit.
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EUROPEAN LAW
Hamas: the EU will appeal a controversial court decision ordering the removal of the Palestinian Islamist group Hamas from the bloc’s terrorism blacklist, foreign policy chief Federica Mogherini said on Monday.
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Hamas says EU appeal to keep it on terror list ‘immoral’
Latest news from the European Court of Justice
EU law firms
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Inside the EU Institutions
Council Watch
Russia: foreign ministers agreed Monday there would be no change in the bloc’s Russia policy, including sanctions, as the Union’s diplomatic chief warned the Ukraine situation had got “much worse” in recent weeks.
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Give Iran diplomacy a chance, Europeans urge Congress
EU welcomes more active Japanese security role
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Commission Watch
Attacks: the EU faces a “huge challenge” to reassure Jews about their future in Europe after the Islamist attacks in Paris, EC First Vice President Frans Timmermans said on Wednesday as it discussed fresh counter-terror measures.
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Dutch navy finds three stowaways on Ebola aid ship
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Parliament Watch
In committee this week food safety MEPs called for country of origin labelling of meat in processed foods; and trade committee MEPs debated new recommendations for the TTIP talks to ensure they serve all EU citizens, not just a few economic players.
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EU diary
26 Jan: Agriculture and Fisheries Council
27 Jan: Economic and Financial Affairs Council
27-28 Jan: Annual Conference on European Space Policy
28 Jan: European Parliament plenary session
The Week Ahead
Long-term diary
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Other news on EUbusiness this week
Spain jobless rate falls in 2014 for second year 22-Jan
Russia preparing EUR 18 bn anti-crisis plan 21-Jan
Deflation fears ‘exaggerated’: ECB ex-chief economist 21-Jan
World has duty to ensure Ukraine’s ‘success’: EU 21-Jan
Turkey intercepts ship with over 330 migrants: report 19-Jan
London and Berlin urge Bosnia to get back on EU path 16-Jan
EU told assume responsibility for ghost boat migrants 16-Jan
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Publication of Solvency II Delegated Acts: press statement
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H2020 Projects’ proposal writer, Friends of Europe
Legal Officer, BEUC, The European Consumer Organisation
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Guides
Quantitative easing, deflation explained
European Fund for Strategic Investments
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3 Feb, Hamburg: How to produce a winning proposal in Horizon 2020
11 Mar, Sofia: Save the Planet: Waste Management and Recycling Conference
24 Mar, Manchester: Enterprising Scientists: Generating Value and Opportunities
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How To Run The European Parliament
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