EUbusiness Week 591 top stories: Delay in EU plan to set 40% board quota for women; 11 EU nations get go-ahead on ‘Robin Hood’ finance tax; EU tightens up online gambling controls; EU warns Microsoft over new Windows 8; EU keeps fishing subsidies; EU on track for Kyoto and 2020 emissions targets.
This Week’s Top Stories
1. Delay in EU plan to set 40 pct board quota for women
2. 11 EU nations get go-ahead on ‘Robin Hood’ finance tax
3. EU tightens up online gambling controls
4. EU warns Microsoft over new Windows 8
5. EU keeps fishing subsidies
6. EU on track for Kyoto and 2020 emissions targets
Publisher’s Note
The European Parliament gave a red light to plans for the European Central Bank to install Luxembourg’s Yves Mersch to a key European Central Bank post this week. This follows a series of exchanges over the representation of women at the top level of European political and business institutions.
The MEPs’ stand came after Council President Herman Van Rompuy failed to use his presence in plenary on Tuesday to offer concrete commitments regarding gender balance. The success of Parliament’s protest is in highlighting Council intransigence in failing to commit to a better gender balance within what is effectively Europe’s most powerful financial institution.
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Regards,
Nick Prag
Publisher, EUbusiness
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1. Delay in EU plan to set 40 pct board quota for women
An EU move to set a 40 per cent quota for women on the boards of listed companies was delayed “several weeks” on Tuesday amid the ongoing row over the lack of female candidates for the ECB board job.
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2. 11 EU nations get go-ahead on ‘Robin Hood’ finance tax
The European Commission has backed plans by 11 EU nations to launch a hotly contested “Robin Hood” financial transactions tax that is tipped to raise billions for the public purse.
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3. EU tightens up online gambling controls
The Commission outlined measures Tuesday to tighten controls on online gambling, a fast-growing, multi-billion-euro industry, to combat fraud, money laundering and rigging of sport fixtures.
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4. EU warns Microsoft over new Windows 8
The Commission has warned Microsoft that it risks an investigation into its new Windows 8 software if the company does not meet commitments on web browser choice.
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5. EU keeps fishing subsidies
The EU agreed on Wednesday to maintain controversial fishing subsidies, sparking a sharp response from environmental groups who say the payments encourage overfishing of already stressed stocks.
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6. EU on track for Kyoto and 2020 emissions targets
The EU will go beyond its targets to cut greenhouse gases by 2012 under the UN’s Kyoto Protocol and is on course for meeting its goal for 2020, it reported on Wednesday.
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EUROPEAN LAW
Scotland: Scotland has formally commissioned legal advice on its position in the European Union if it votes for independence from Britain in its 2014 referendum.
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EU takes Italy back to court over illegal landfills
EU concerned at new Russia treason law
Latest Court of Justice judgements
EU Law Firms
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Inside the EU Institutions
Council Watch
British veto: Germany has denied reports that it would cause to have a future EU summit on the bloc’s seven-year budget scrapped if Britain threatened to veto a deal, and hinted it would push for a one per cent spending increase.
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Denmark to veto EU budget unless it gets rebate
No let-up to EU expansion, says enlargement chief
Dialogue essential for EU future of Kosovo and Serbia: Hague
Council …
Commission Watch
Dalli fight-back: former Health Commissioner John Dalli has vowed to issue a legal challenge to Brussels following his forced resignation over a tobacco-linked influence-peddling fraud probe.
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EU anti-fraud office gets new oversight head
No let-up to EU expansion, says enlargement chief
Commission …
Parliament Watch
Budget: MEPs have rejected cuts demanded by some Member States in the 2013 EU budget, setting up a new confrontation ahead of a summit on the 2014-20 EU spending plans.
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Euro-MPs want Russia sanctions over jailed lawyer’s death
European Jewish leader wants MEP Iran trip cancelled
In plenary this week, MEPs called for the removal of obstacles to the single market; urged a start to talks on a free trade deal with Japan, with suspension if Japan fails to remove barriers in key sectors such as car sales; and called for joined-up thinking on EU development policy.
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EU diary
29 Oct, Transport, Telecommunications & Energy Council
6 Nov, Informal Meeting of Ministers for cohesion policy
7 Nov, European Economic Forecast
9 Nov, Economic and Financial Affairs Council (Budget)
15-16 Mov, 2012 SME assembly
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
UK cannot support ‘steep increase’ in EU budget 25-Oct
Germany, Sweden push for Balkan visas 25-Oct
EU debt mountain continues to grow 24-Oct
Romania’s NGOs face closure as EU funds are cut off 24-Oct
Eurozone business slump accelerates: Markit 24-Oct
EC rejects French call to monitor SKorea car imports 23-Sep
Greenpeace warns EU off herbicide-tolerant GM crops 22-Oct
