EUbusiness Week 544 top stories: Euro fund clears key German test, as Greece awaits audit; Europe presses ahead with controversial financial tax; Palestinians to export direct to EU, avoiding Israel; Higher airline prices loom under EU emissions scheme; EU launches legal action against over energy markets; EU sounds death-knell for cod-supper next year
This Week’s Top Stories
1. Euro fund clears key German test, as Greece awaits audit
2. Europe presses ahead with controversial financial tax
3. Palestinians to export direct to EU, avoiding Israel
4. Higher airline prices loom under EU emissions scheme
5. EU launches legal action against over energy markets
6. EU sounds death-knell for cod-supper next year
Publisher’s Note
At the Enterprise Europe Network annual conference this week, the European Commission announced an extension of this key support network for smaller businesses (SMEs), opening new contact points in Japan and doubling its presence in China.
The EEN has a crucial role in supporting SMEs, helping them to benefit from the internal market by focusing on innovation, and also to access international markets. In the current economic climate, it is even more important to encourage European businesses to profit from the still growing markets in Asia, Latin America and Eastern Europe.
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Regards,
Nick Prag
Publisher, EUbusiness
VULCANUS IN EUROPE Strengthen your working team & open your doors to Japan, through hosting a Japanese trainee — The EU-Japan Centre is recruiting European companies willing to host Japanese engineering students for an 8-month placement. |
1. Euro fund clears key German test, as Greece awaits audit
Europe’s rescue fund cleared a major hurdle when German lawmakers voted overwhelmingly to beef it up, boosting markets as attention turned to a key international audit of debt-mired Greece.
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The debt crisis in the eurozone
2. Europe presses ahead with controversial financial tax
Europe went ahead with landmark proposals to tax the financial sector on Wednesday, ignoring US opposition in a move also sure to provoke a row with London which fears capital flight from the City.
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EU financial transaction tax: what’s covered, what’s not
3. Palestinians to export direct to EU, avoiding Israel
The European Parliament has given its green light to a deal enabling Palestinians to export farm and fish products directly to the European Union from next year, without transit through Israel.
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EU eyes trade talks with Arab Spring nations next month
4. Higher airline prices loom under EU emissions scheme
Travellers could see a new charge on their tickets to fly between Europe and North America after the EU begins forcing airlines to buy carbon emission permits next year.
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5. EU launches legal action against over energy markets
The EU has launched legal action against 18 of its 27 Member States over a failure to implement bloc law domestically in a bid to open up gas and electricity markets.
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6. EU sounds death-knell for cod-supper next year
EU officials on Tuesday ordered Scottish and Irish trawlers to stop catching cod, king of fish-and-chip suppers, for the whole of 2012.
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EUROPEAN CASE LAW
UK residency test: Britain is discriminating against citizens from other EU nations by subjecting them to a residency test before they can get certain social security benefits, the Commission said on Wednesday.
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Tymoshenko trial enters final stage in Ukraine
Latest Court of Justice judgements
Official Journal latest issues
EU Law …
Inside the EU Institutions
Council Watch
Belarus: Poland slammed authoritarian Belarus leader Alexander Lukashenko on Thursday as the EU headed into a long-awaited summit with ex-Soviet states amid mounting concern over rights abuse both in Belarus and Ukraine.
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EU lifts sanctions against iconic Gbagbo-era figures
EU president should be directly elected: Schauble
Council …
Commission Watch
Euro fund: the Commission has welcomed German approval of new powers for the eurozone rescue fund and says it is confident all 17 eurozone states will complete ratification by mid-October.
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Trade chief says ‘flexibility’ needed on India trade deal
EU calls for removal of barricades in Serbia-Kosovo border
Commission …
Euro-Parliament Watch
Budget: EU states that let their deficits spin out of control could face stiff fines after the European Parliament adopted on Wednesday tougher budget rules to shield the bloc from future crises.
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In plenary session this week, Euro-MPs gave their green light to future economic governance plans; adopted a proposal to extend the European Globalisation Adjustment Fund crisis measures until the end of 2013; said they would not seek a court decision on the EU-Morocco fisheries agreement; and voiced support for Palestine’s bid for statehood.
Parliament …
EU diary
29-30 Sep, Competitiveness Council
3 Oct, Eurogroup
10-11 Oct, Foreign Affairs Council
17-18 Oct, European Council
20-21 Oct, Agriculture and Fisheries Council
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
Belarus boycotts summit in human rights clash with EU 30-Sep
Euro inflation jumps sharply to 3.0pct 30-Sep
US, EU alcohol marketers adopt new code of conduct 30-Sep
German vote on euro fund fails to dispel unease 30-Sep
EU warns Italy: clean up trash or face fine 29-Sep
Hungary spurns EU call to end ‘illegal’ tax 29-Sep
