This Week's Top Stories
1. EU countries push for bank pay crackdown
2. Eurozone business activity picks up in August
3. Europe begins phasing out old-style light bulbs 4. EU reveals probe into Oracle's bid for Sun Microsystems 5. Raised EU cod quota beckons for battered Baltic fleet 6. Recession helps cut EU greenhouse gas levels
Publisher's Note
Welcome back to the newswire. Following the EU's summer
break, Commission president Jose Manuel Barroso has got into
his stride early, sending the European Parliament 'political
guidelines' for his next Commission, proposing to work to
build an "ambitious Europe" over the next five years.
EP president Jerzy Buzek is urging MEPs not to delay their
decision, which he says should be made on September 16. He
believes it is needed to 'provide clarity' before Irish
voters go to the polls in October for their second
referendum on the EU's reforming Lisbon Treaty.
More ...
Regards,
Nick Prag
Publisher, EUbusiness
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1. EU countries push for bank pay crackdown
An EU drive to curb bankers' bonuses has won guarded
commitment from Britain, as ministers push for a crackdown
on pay practices partly blamed for the financial crisis.
More ...
2. Eurozone business activity picks up in August
Private sector economic activity in the eurozone gains
ground in August as a key purchasing survey beats initial
estimates and turns positive for first time in 15 months.
More ...
3. Europe begins phasing out old-style light bulbs
Shops across Europe began phasing out traditional energy-
guzzling light bulbs on Tuesday, despite health and cost
concerns, with the old-style frosted and 100-watt bulbs
the first to go.
More ...
4. EU reveals probe into Oracle's bid for Sun Microsystems
Business software giant Oracle's 7.4-billion-dollar bid for
Sun Microsystems is under investigation under EU merger
regulation, the Commission announced on Thursday.
More ...
5. Raised EU cod quota beckons for battered Baltic fleet
Cod fishing quotas in the Baltic sea should rise as stocks
return to the waters between Scandinavia and a trio of
former Soviet EU members hard hit by recession, says the
Commission.
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6. Recession helps cut EU greenhouse gas levels
Greenhouse gas emissions in the European Union fell for the
fourth year running in 2008, thanks to the economic
recession, the European Environment Agency said on Monday.
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Inside the EU Institutions
Council Watch
G20: France and Germany want the EU to agree on a common
position ahead of the G20 summit in Pittsburgh Sept 24-25.
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Support for EU treaty slumps in Ireland: poll
EU ministers to hold swine flu talks October 12
China allays fears over Rio Tinto case
EU nations 'not ready' to resume aid to Nicaragua
EU hails 'crucial step' in Turkey-Armenia dispute
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Commission Watch
WTO: a new global trade pact needs to be "fair and
reasonable," the Trade Commissioner said on Wednesday, on
the eve of a key WTO meeting in New Delhi aimed at helping
drive the talks to a successful end.
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Romania eyeing EU agriculture post
No 'firm recovery' for European economy: Barroso
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Euro-Parliament Watch
This week Swedish government ministers this week outlined
their Council Presidency priorities to a range of
Parliamentary committees.
In committee, the Directive on working time for road
transport workers was further delayed amid disagreement
between MEPs from the Employment Committee on whether to
apply the rules to self-employed drivers; the Agriculture
Committee agreed that aid for private storage of butter and
skimmed milk powder should be prolonged to help farmers
through the current crisis; Development Committee MEPs said
Member States must meet their international aid commitments
to developing countries; and the Civil Liberties Committee
voiced concern over the interim agreement under negotiation
between the EU and the United States on data transfers via
the SWIFT network.
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EU diary
4-5 Sep, Informal Meeting of Foreign Ministers
7 Sep, Agriculture and Fisheries Council
13-15 Sep, Agriculture and Fisheries Ministers informal
14-17 Sep, European Parliament plenary session
14-15 Sep, General Affairs and External Relations Council
The Week Ahead
Long-term diary
Other news on EUbusiness this week
Lufthansa finalises AUA takeover 3-Sep
Italian, German employer unions voice credit fears 3-Sep
Eurozone retail sales slide further: Eurostat 3-Sep
GM looking for billion-euro aid for Opel: report 3-Sep
Iceland must reform financial sector, adopt euro:OECD 2-Sep
European firms sees slowing of China reforms 2-Sep
British insurers fear 'huge regulatory cash call' 2-Sep
Commission opens probe of French broadcast funds 1-Sep
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Policy Forum
Innovation: concrete efforts are needed for Europe to
catch up, say SMEs
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Energy-saving light bulbs: good for consumers but
outstanding issues need to be addressed
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Briefing
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Flexicurity in the EU
EU Consumer Policy Financial Programme
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Links
Phasing out conventional incandescent bulbs
Review of national aid schemes introduced during the
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