2015 Year of Development - EUbusiness Week newsletter 688
EUbusiness Week 688 top stories: ECB primes markets for imminent QE; Merkel says she wants Greece to stay in eurozone; MEPs pass controversial GMO food law; Cyprus Airways stops flying after EU ruling; London black taxis win EU court fight with minicabs; Nearly 300,000 irregular migrants entered EU last year
2015 is a fitting year for European Year of Development. Not just
because a priority of Latvia as EU president is to strengthen Europe as a
global actor. This year is the deadline for meeting the 2015 Millennium
Development Goals and for their replacements to be put in place.
It is also an opportunity to explain to EU citizens how their development aid works, how tax money is spent and how it makes a real and lasting difference. And it can show not only how aid contributes to a more peaceful and equitable world, but also how such a world is in our own interest.
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1. ECB primes markets for imminent QE
The European Central Bank is preparing financial markets for an imminent
programme of sovereign bond purchases, with president Mario Draghi
saying the bank has few other options at its disposal to counter the
risk of deflation.
Top EU lawyer clears ECB bond-buying
2. Merkel says she wants Greece to stay in eurozone
German Chancellor Angela Merkel said Thursday she wants Greece to stay
in the eurozone, 10 days before a snap Greek election likely to be won
by an anti-austerity party.
Weighing the costs for Europe if Greece exits the euro
3. MEPs pass controversial GMO food law
Members of the European Parliament have approved controversial
legislation to allow Member States to decide for themselves whether to
allow cultivation of Genetically Modified foods after years of bitter
4. EU finds 'huge scepticism' over US trade deal
A survey has found "huge scepticism" among Europeans about a key element
in the huge EU-US trade deal that lets corporations sue governments,
says Trade Commissioner Cecilia Malmstroem.
5. London black taxis win EU court fight with minicabs
London's iconic black taxis won a battle with private minicabs Wednesday
as the EU Court of Justice upheld their right to use bus lanes while
excluding their competitors.
6. Nearly 300,000 irregular migrants entered EU last year
More than 276,000 irregular migrants entered the European Union last
year, more than double in 2013, says Commissioner for Migration and Home
Affairs Dimitris Avramopoulos.
Monaco: Monaco cannot register its own name as a trademark because the
principality is too well known on account of its royal family and
Formula One race, an EU court has ruled.
Europol says up to 5,000 EU nationals in jihadist ranks
Latest news from the European Court of Justice
EU law firms
Inside the EU Institutions
Russia: the EU should consider leaving the annexation of Crimea out of
the debate over sanctions as part of a move to re-engage with Russia,
according to a policy paper.
EU divisions could limit post-Paris terror measures
Conservative elected Croatia's first female president
Budgets: the EU signalled Tuesday it would show leniency to overspending
Member States including Italy and France that are nearing an already
extended deadline to get their budgets in line with Brussels rules.
Cuba, EU agree new talks in March
LuxLeaks: Euro-MPs have backed an official probe into tax evasion, a hot
topic after the "Luxleaks" scandal that has embroiled Commission head
and former Luxembourg premier Jean-Claude Juncker.
In plenary this week there was no majority to adopt the Commission's 2015 work programme; while MEPs voiced concerns at attacks on media freedom and the rule of law in Turkey; and endorsed the European Ombudsman's calls for more transparent policy-making and an information campaign on the TTIP talks.
19 Jan: Foreign Affairs Council
19-22 Jan: European Parliament Committee Meetings
20 Jan: Atlantic stakeholder conference
20 Jan: Workshop on the innovative financing of ERTMS
The Week Ahead
Other news on EUbusiness this week
Argentina loses appeal against WTO imports ruling 15-Jan
Eurozone exports rise in November: Eurostat 15-Jan
EU must link to Turkey pipeline 'or lose Russian gas' 14-Jan
Greece could exit euro 'by accident' 13-Jan
Airline's collapse a new blow to recession-hit Cyprus 13-Jan
Culture ministers vow to defend free speech after attacks 12-Jan
Italy PM calls for EU intelligence agency 10-Jan
ECB examines different bond purchases models: report 10-Jan
States call for plan to tackle Russian 'propaganda' 11-Jan
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LinksEuropean Year for Development 2015
EU negotiating texts in TTIP
Commission Annual Working and Legislative Programme