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EU banks stressed over tests - EUbusiness Week 499


23-07-2010

EUbusiness Week 499 top stories: European banks on edge over stress test exam; EU seeks to end coal subsidies by 2014; China behind two-thirds of all fake EU customs seizures; Broccoli, tomatoes in landmark patent case; Europe nearly free of mad cow disease; Vatican City begins circulating euros, eight years on

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EUbusiness Week - Issue 499
23 July 2010
http://www.eubusiness.com
Your way through the EU information maze
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This Week's Top Stories
=======================
1. European banks on edge over stress test exam
2. EU seeks to end coal subsidies by 2014
3. China behind two-thirds of all fake EU customs seizures
4. Broccoli, tomatoes in landmark patent case
5. Europe nearly free of mad cow disease
6. Vatican City begins circulating euros, eight years on

Publisher's Note
================
EUbusiness will operate its usual reduced service over the
summer, so here is a shorter update of the last week's EU
business events.

Newswires start again properly in September. You can,
however, make sure you keep up-to-date with our latest
news by subscribing to our RSS feed at
http://www.eubusiness.com/rss

Regards,

Nick Prag
Publisher, EUbusiness

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1. European banks on edge over stress test exam
-----------------------------------------------
Powerbrokers in European finance expected a few black marks
when results of tests on the capacity of European banks to
survive new shocks were released on Friday but also counted
on governments to help the weaklings.
http://www.eubusiness.com/news-eu/eurozone-banking.5nj

2. EU seeks to end coal subsidies by 2014
-----------------------------------------
Europe's top competition enforcer says he wants national
governments to end state aid to the coal industry by 2014,
eight years earlier than initially sought.
http://www.eubusiness.com/news-eu/energy-coal.5mh

3. China behind two-thirds of all fake EU customs seizures
----------------------------------------------------------
China was the source of 64 per cent of all counterfeit goods
seized at EU borders last year while 73 per cent of all fake
medicines impounded came from the UAE, says an EU report.
http://www.eubusiness.com/news-eu/customs-counterfeit.5nk

4. Broccoli, tomatoes in landmark patent case
---------------------------------------------
Some 300 people demonstrated Tuesday outside the European
Patent Office in Germany as it chewed over a landmark case
involving broccoli and tomatoes that campaigners say is of
vital importance.
http://www.eubusiness.com/news-eu/germany-israel-food.5mf

5. Europe nearly free of mad cow disease
----------------------------------------
Europe has nearly wiped out mad cow disease, the Commission
said as it proposed to end the systematic killing of entire
herds when a sick cow is discovered.
http://www.eubusiness.com/news-eu/madcow-food-safety.5l7

6. Vatican City begins circulating euros, eight years on
--------------------------------------------------------
A 50-cent euro coin bearing the image of Pope Benedict XVI
has begun circulating in Vatican City for the first time
since the Holy See adopted the currency in 2002.
http://www.eubusiness.com/news-eu/vatican-money.5nq

EUROPEAN CASE LAW
=================
Arrest: football fans arrested outside their home country
would have to be given their legal rights in their mother
tongue under new European rules proposed on Tuesday.
http://www.eubusiness.com/news-eu/justice-crime.5mm
EU orders Romania to resolve anti-graft legal row
http://www.eubusiness.com/news-eu/romania-bulgaria.5md

Latest Court of Justice Judgements
http://www.eubusiness.com/eulaw/ecj
Latest Commission competition cases
http://www.eubusiness.com/eulaw/anti-trust-cases
http://www.eubusiness.com/eulaw
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Caselex offers Supreme Court cases linked to Community law
from national and European Courts. Free 30 day license for
EUbusiness readers - thereafter at a special introductory
discount of 20 per cent
http://www.eubusiness.com/caselex-30
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Inside the EU Institutions
==========================

Council Watch
-------------
Switzerland: Swiss President Doris Leuthard has urged the EU
to take measures to prevent a new debt crisis and suggested
it could learn a lesson from Swiss budgetary discipline.
http://www.eubusiness.com/news-eu/finance-economy.5m7
EU envoys endorse sanctions against Iran
http://www.eubusiness.com/news-eu/iran-nuclear.5nm
Hungary pushes through controversial bank tax
http://www.eubusiness.com/news-eu/hungary-imf-economy.5nx
EU to open membership talks with Iceland next week
http://www.eubusiness.com/news-eu/enlarge-iceland.5nl
http://www.eubusiness.com/European_Council

Commission Watch
----------------
China: European companies are increasingly worried about
doing business in China, says Trade Commissioner De Gucht,
citing intellectual property protection as a major concern.
http://www.eubusiness.com/news-eu/china-trade-dispute.5n9
EU offers to broker dialogue between Serbia, Kosovo
http://www.eubusiness.com/news-eu/icj-kosovo-serbia.5nu
EU launches association talks with Azerbaijan
http://www.eubusiness.com/news-eu/azerbaijan.5l9
EU launches association talks with Armenia
http://www.eubusiness.com/news-eu/armenia-diplomacy.5m2
http://www.eubusiness.com/Commission

Euro-Parliament Watch
---------------------
Summer recess: the European Parliament is in recess from 19
July. Business resumes on 30 August with a week of meetings
of parliamentary committees and political groups in
preparation for the 6-9 September plenary session.
http://www.eubusiness.com/Europarl

EU diary
--------
26 Jul, General Affairs Council
26 Jul, Foreign Affairs Council
2-6 Aug, International Climate Change Talks
5 Aug, Governing Council meeting of the ECB

The Week Ahead: http://www.eubusiness.com/events/EUcalendar
Long-term diary: http://www.eubusiness.com/events/eu-diary

EUbusiness Community
====================

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Jobs
----
Communication Planning & Strategy Officer, EURELECTRIC
http://www.eubusiness.com/Jobs/eurelectric.10-07-22

Senior Lecturer/Consultant, European Institute of Public
Administration
http://www.eubusiness.com/Jobs/eipa.10-07-19
More jobs: http://www.eubusiness.com/jobs

Press
-----
Commission proposals on intra-corporate transferees fail to
address the needs of working spouses
http://www.eubusiness.com/employment/permits.10-07-19
More press: http://www.eubusiness.com/press

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Events
------
4 Aug, Future leaders of ageing research in Europe (FLARE)
http://www.eubusiness.com/social/flare.10

9 Oct, Italy: Networked humanities: art history on the web
http://www.eubusiness.com/culture/art-history.10
More events: http://www.eubusiness.com/events

Guides
------
2009 customs detentions of goods suspected of infringing
Intellectual Property Right (IPR)
http://www.eubusiness.com/trade/fake-ipr.09

Right to information in criminal proceedings
http://www.eubusiness.com/eulaw/right-information-criminal

Coal Regulation
http://www.eubusiness.com/topics/energy/coal-regulation
More guides: http://www.eubusiness.com/guides

Links
-----
Committee of European Banking Supervisors (CEBS)
http://www.eubusiness.com/finance/cebs
More links: http://www.eubusiness.com/links

Other news on EUbusiness this week
----------------------------------
EU research: 51 new FP7 calls for proposals launched 22-Jul
http://www.eubusiness.com/research/fp7.10-07-22
Eurozone growth accelerates, but is 'peaking' 22-Jul
http://www.eubusiness.com/news-eu/eurozone-economy.5na
Eurozone Q1 trade balance veers into deficit 22-Jul
http://www.eubusiness.com/news-eu/eurozone-economy.5nd
Asbestos trade thriving in developing world: report 21-Jul
http://www.eubusiness.com/news-eu/us-india-latam.5n7
EU appeals against WTO ruling on Airbus subsidies 21-Jul
http://www.eubusiness.com/news-eu/wto-trade-dispute.5mq
EU hits animal feed firms with EUR 175m cartel fines 21-Jul
http://www.eubusiness.com/news-eu/competition-fine.5me
EU approves Swedish scheme supporting newspapers 20-Jul
http://www.eubusiness.com/news-eu/state-aid-sweden.207
Number of fake euro banknotes has fallen: ECB 19-Jul
http://www.eubusiness.com/news-eu/ecb-bank-money.5m0

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