EUbusiness Week 708 top stories: IMF, EU pour cold water on Greek debt deal hopes; EU, Latin America pledge deeper ties at summit; EU targets Poland, Estonia in tax clampdown; Euro-Parliament delays vote on US trade deal; EU business confidence in China at new low: survey; Belgium snubs France with coin marking Napoleon defeat
Publisher’s Note
Students looking to take a Master’s degree in another EU country will want to look into a loan guarantee scheme under the highly successful Erasmus+ programme, as a new agreement worth some EUR 30 million was signed this week.
The Master Loan Guarantee Facility helps finance such Masters students with favourable loans of up to EUR 12,000 a year. As such it provides another boost to the cause of student mobility in Europe. Its importance to the EU economy lies in its role in tackling the skills gaps in Europe.
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Regards,
Nick Prag
Publisher, EUbusiness
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1. IMF, EU pour cold water on Greek debt deal hopes
Greece’s creditors piled pressure on cash-strapped Athens on Thursday as the IMF pulled its team out of talks and the EU warned Athens to stop gambling with the possibility of default and a messy exit from the eurozone.
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Athens vows to ‘intensify’ efforts to reach deal
2. EU, Latin America pledge deeper ties at summit
EU leaders vowed to complete normalisation talks with Cuba and offered funds for Colombia once peace is achieved as they held a summit with their Latin American counterparts in Brussels on Wednesday.
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EU, Latin America urge US to lift embargo on Cuba
3. EU targets Poland, Estonia in tax clampdown
The EU has ordered Estonia and Poland to urgently turn over information on tax rulings, the practice exposed in the LuxLeaks affair of handing out sweetheart tax deals to multinationals.
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EU opens anti-trust probe into Amazon e-book business
4. Euro-Parliament delays vote on US trade deal
Euro-MPs have postponed their landmark first ever vote on the massive trade deal between the EU and the United States. They had been due to vote on limits for negotiators involved in the Transatlantic Trade and Investment Partnership.
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5. EU business confidence in China at new low: survey
European companies are losing confidence in China’s economy, a lobby group survey said on Wednesday, with many firms planning to lay off staff as Beijing struggles to boost growth and embarks in an anti-monopoly drive.
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6. Belgium snubs France with coin marking Napoleon defeat
Belgium has begun minting 2.5-euro coins marking the 200th anniversary of Napoleon’s defeat of at the Battle of Waterloo, after France forced it to scrap a two-euro coin of the same purpose.
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EUROPEAN LAW
Saudi Arabia: the EU on Monday renewed calls on Saudi Arabia to stop lashing blogger Raif Badawi after the country’s top court upheld the sentence against him for insulting Islam.
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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
UK referendum: legislation paving the way for Britain’s referendum on leaving the EU crossed its first hurdle in parliament Tuesday as splits on the issue within Prime Minister David Cameron’s party were laid bare.
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Italy slams anti-immigrant north as crisis deepens
Spain economy minister seeks presidency of Eurogroup
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Commission Watch
Asylum: the Commission has called on Member States to “act now” to accommodate tens of thousands of asylum seekers rather than wait until September when pressure eases.
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EU ‘disappointed’ in failed Macedonia crisis talks
EU envoy complies with Gambia’s expulsion order
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Parliament Watch
FIFA: the European Parliament called Thursday on Sepp Blatter to step down immediately as FIFA president and allow for an interim leader to launch reforms in global football’s governing body.
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EU delegation in Iran barred from speaking to foreign media
In plenary this week, MEPs said Russia was no longer a strategic partner of the EU; condemned Hungary’s PM’s death penalty statements and migration survey; and expressed concern about democracy and fundamental rights in Turkey.
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EU diary
15-18 Jun: EU sustainable energy week: Policy conference
15-16 Jun: Justice and Home Affairs Council
15-17 Jun: European Parliament Committee Meetings
15 Jun: Environment Council
16 Jun: Agriculture and Fisheries Council
17 Jun: Commission adopts Action Plan on corporate taxation
18-19 Jun: Employment, Social, Health, Consumer Affairs
18 Jun: Eurogroup
18 Jun: Commission adopts monthly infringements package
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
Rights row as Azerbaijan gears up for European Games 11-Jun
Key sticking points in Greece debt clash 11-Jun
S&P cuts Greece rating after IMF payment delay 10-Jun
Cyprus GDP grows for first time since 2011 9-Jun
EUbusiness Community
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Jobs
Advisor, Payments, European Savings & Retail Banking Group
Fundraising coordinator, European AIDS Treatment Group
EU Affairs Manager, Wellcome Trust
EU Media and Communications Officer, Oxfam International
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Press
UN climate talks close with insufficient progress
Health and Welfare of EU Horses, Donkeys and Mules
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Guides
EC probe into Amazon e-book distribution arrangements
TTIP: ISDS mechanism for resolving investor disputes
Simplifying access to EU Structural and Investment Funds
EU social policy – orientation debate
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Events
23 Jun, Budapest: European Funding Academy
13 Jul, Porto: Energy and Environment Research
21 Jul, Las Palmas: e-Commerce and Digital Marketing
14 Oct: European Food Safety Authority Scientific Conference
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Publications
European Anti-Fraud Office report 2014
