EUbusiness Week 550 top stories: Germany aims to save eurozone in current form; Recession threatens in 2012, EU warns; Europe, US and Japan create joint patent document; EU, US pen new passenger data deal to ease privacy fears; EU probes ball bearings industry; Binge drinking more common in northern Europe
This Week’s Top Stories
1. Germany aims to save eurozone in current form
2. Recession threatens in 2012, EU warns
3. Europe, US and Japan create joint patent document
4. EU, US pen new passenger data deal to ease privacy fears
5. EU probes ball bearings industry
6. Binge drinking more common in northern Europe
Publisher’s Note
As Europe’s economy grapples with its debt turmoil, the Commission this week targeted markets with strong growth rates such as China, India and Russia as a means to boost boost competitiveness and growth.
The ‘Small Business, Big World’ initiative will coordinate efforts to support smaller businesses’ access to these markets, using public-private partnerships with stakeholders such as chambers of commerce.
The initiative to exploit the potential of SMEs in the global arena will be welcomed at this time. More exports are urgently needed if the eurozone is to have a chance of avoiding recession next year.
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Regards,
Nick Prag
Publisher, EUbusiness
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1. Germany aims to save eurozone in current form
Chancellor Angela Merkel said on Thursday that Germany aims to preserve the eurozone as it is, dismissing reports that Berlin was laying the groundwork for a currency union shed of its troublemakers.
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Euro “guarantees monetary stability” for Greece: Papademos
German exporters can do without the euro: federation
2. Recession threatens in 2012, EU warns
Europe faces a new recession next year, Economy Commissioner Olli Rehn said on Thursday due to a “vicious circle” of government debt, vulnerable banks and weak spending.
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Belgium and four other nations face EU fines on deficits
3. Europe, US and Japan create joint patent document
The patent offices of Europe, Japan and United States have created a joint patent information document they say should speed the work of companies and cut costs.
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4. EU, US pen new passenger data deal to ease privacy fears
The Commission and the United States have penned a new deal allowing US authorities to keep airline passengers’ personal data for 15 years, after a privacy outcry from Euro-MPs.
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5. EU probes ball bearings industry
European anti-trust authorities launched surprise inspections Tuesday in companies that produce ball bearings for the automotive industry in several Member States.
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6. Binge drinking more common in northern Europe
The relationship between drinking and damage to one’s health is stronger in the Baltic countries and Sweden than in Italy, new research from Europe shows.
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EUROPEAN CASE LAW
Traficking: an EU-appointed prosecutor probing alleged organ trafficking from Kosovo in the late 1990s has launched an investigation in Albania.
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Latest Court of Justice judgements
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Inside the EU Institutions
Council Watch
Transactions tax: finance ministers ran into British opposition Tuesday at the EU’s first formal debate on imposing a tax on financial transactions.
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Germany mulls ‘a la carte’ European treaty changes
EU readies EIB credit freeze against Syria
EU prepares new Iran sanctions over nuclear activities
Council …
Commission Watch
Euro: all EU countries should adopt the euro, says EC president Jose Manuel Barroso, amid predictions that the debt crisis could spell the end of the common currency.
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EU, Turkey try to break impasse in membership bid
EU welcomes WTO Russia deal
Commission …
Euro-Parliament Watch
Israel: the EP’s president called on Israel on Wednesday to release an Irish MEP among more than 20 people detained for trying to break a naval blockade by sailing to Gaza.
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This week the budget conciliation procedure got into full swing to try and find compromises on the EU’s 2012 budget; and the Culture and Education Committee said the EU should initiate strict, even penal, measures against doping, match-fixing and violence in sports stadia, as well as set up a European database listing people banned from stadia.
Parliament …
EU diary
14 Nov, Agriculture and Fisheries Council
14 Nov, Foreign Affairs Council
14-17 Nov, European Parliament plenary session
15 Nov, General Affairs Council
17 Nov, Governing Council of the European Central Bank
The Week Ahead
Long-term diary
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Summaries of EU Legislation
EU Decision-Making
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Other news on EUbusiness this week
Skopje hopes new Greek gov’t can unblock name row 10 Nov
‘Don’t laugh’, we still aim to join euro: Romania 10-Nov
Poland targets 2012 deficit below 3.0% of GDP 10-Nov
ECB sees risks from Hungary loan repayment scheme 8-Nov
Medvedev in Germany for strategic pipeline launch 8-Nov
Some EU policies undermine developing nations: NGOs 7-Nov
