EUbusiness Week 699 top stories: ECB minutes show ‘prudent optimism’ on recovery outlook; Anticipation and angst as Europe ends milk quotas; EU introduces labels on origin of meat other than beef; Banking watchdog mulls cap on sovereign debt exposure; Uber files complaints with EU v. France, Germany, Spain; Lisbon, Luxembourg ‘Europe’s worst’ for pollution fight
1. ECB minutes show ‘prudent optimism’ on recovery outlook
The European Central Bank revealed Thursday that its policy-setting governing council is increasingly confident that its controversial bond purchase programme is helping to boost the economic outlook for the eurozone.
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2. Anticipation and angst as Europe ends milk quotas
European dairy farmers faced the end of three decades of milk quotas on Wednesday with a mixture of anticipation and angst as it will allow them to serve growing demand in emerging markets, but could also cause a crash in prices.
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3. EU introduces labels on origin of meat other than beef
The EU has introduced labels showing the origins of pre-packed meat other than beef, but critics had sought even tougher rules in the wake of the horsemeat scandal.
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4. Banking watchdog mulls cap on sovereign debt exposure
Europe’s new banking supervisory chief, Daniele Nouy, has suggested banks should limit their exposure to sovereign debt which she said can no longer be regarded as risk-free.
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5. Uber files complaints with EU v. France, Germany, Spain
Uber has filed complaints with the EU against France, Germany and Spain as the popular taxi app hits back against efforts to ban it from Europe’s streets.
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6. Lisbon, Luxembourg ‘Europe’s worst’ for pollution fight
Lisbon and Luxembourg rank last in a test of how hard European cities are fighting air pollution, while Zurich and Copenhagen come top, says an environmental group.
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EUROPEAN LAW
Hamas: the EU has kept Hamas on its terrorism blacklist despite a controversial court decision ordering Brussels to remove the Palestinian Islamist group from the register.
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Bulgaria assails Greek law fighting tax avoidance
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Inside the EU Institutions
Council Watch
Greece: finger-pointing between Germany and Greece will only play into the hands of Europe’s enemies, Greek Finance Minister Yanis Varoufakis said on Monday, pleading for the two countries to bury the hatchet.
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EU-Ukraine summit to take place on April 27
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Commission Watch
Montenegro: the Commission has announced a broadening of negotiations with Montenegro on future EU membership even though it has frozen expansion over the next five years.
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Portugal economy sees progress but must continue reforms
Syria aid pledges top $2 billion as donors meet
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Parliament Watch
Draghi: XXXXXXX.
This week, MEPs and the Council agreed a deal ahead of the April plenary on restricting the use of plastic bags; and economic affairs MEPs backed a draft law to make benchmarks used to price EU citizens’ mortgages, loans and bonds more trustworthy.
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Other news on EUbusiness this week
EU to decide soon in Google anti-trust probe: source 2-Apr
ECB raises Greek banks’ emergency funding by EUR 700m 2-Apr
EU urges Ukraine to accept Russian gas offer 2-Apr
Eurozone deflation eases, unemployment drops 1-Apr
Macedonian political crisis hampers EU membership bid 30-Mar
Fitch cuts Greece’s rating amid default worries 27-Mar
Italian olive tree disease stumps EU 27-Mar
EU considers 2-person cockpit rule after Alps crash 26-Mar
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New logo and new website for EBC to mark its 25 year anniversary
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Grants Evaluation and Monitoring Officer, European Endowment for Democracy
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Galileo, the EU’s satellite navigation programme
End of milk quotas Q&A
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Events
14 May, Bucharest: Perspectives on Gender in a Global World
20 May, London: Wind Farm Development: European Offshore
3 Jun, Cambridge: Horizon 2020 workshop – Developing Winning Proposals
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How trade policy & regional trade agreements strengthen EU economic performance
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Galileo European Satellite Navigation System
