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EU social model under strain - EUbusiness Week newsletter 613


12-04-2013

EUbusiness Week 613 top stories: Luxembourg eases bank secrecy, to meet EU 2015 rules; EU warns Spain, Slovenia pose biggest economic risks; EU to tighten up trade defences; EU deal to tackle mining corruption; Microsoft, Oracle take Google to task at EU; Germans have learned to love the euro: poll

This Week's Top Stories

1. Luxembourg eases bank secrecy, to meet EU 2015 rules
2. EU warns Spain, Slovenia pose biggest economic risks
3. EU to tighten up trade defences
4. EU deal to tackle mining corruption
5. Microsoft, Oracle take Google to task at EU
6. Germans have learned to love the euro: poll

Publisher's Note

A Commission report this week details the strains that tough austerity policies and economic reforms are placing on Europe's industrial relations. With the EU economy struggling badly as the debt crisis drags into a third year, the call is for more dialogue between workers, employers and governments.

With some countries leaving a whole generation of young people out of training and out of the jobs market, measures are needed now to avoid a major social crisis and political backlash, says the International Labour Organization. It calls for "effective employment and social policies that can achieve growth and competitiveness with good jobs". This is certainly a a difficult time for the European Social model.
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Regards,

Nick Prag
Publisher, EUbusiness

EUBUSINESS WEEK AHEAD

Our sister newswire alerts you to the key developments in the European Union during the week ahead - from the EU institutions, as well as EU-related conferences and events. Sign up at
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1. Luxembourg eases bank secrecy, to meet EU 2015 rules

Luxembourg, home to a prized financial centre, changed tack Wednesday in the face of growing international pressure over tax evasion, agreeing to the automatic exchange of bank account information with its EU partners from 2015.
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Top EU states launch project to clamp down on tax-dodgers

2. EU warns Spain, Slovenia pose biggest economic risks

The Commission warned Wednesday that Spain and Slovenia pose the biggest economic risks and must quickly tackle excessive imbalances while France's growing debt was turning into the eurozone's "major challenge".
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3. EU to tighten up trade defences

The European Union plans to tighten up its defences against unfair competition from dumped and subsidised goods, as it begins talks on a series of Free Trade Agreements with major partners, including the United States.
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4. EU deal to tackle mining corruption

EU legislators struck an anti-corruption deal Tuesday that aims to force big mining companies to make public the payments they make to governments where they operate.
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5. Microsoft, Oracle take Google to task at EU

Google was in the firing line again on Tuesday after a group of major companies, including Microsoft and Oracle, complained to the Commission over Google's offerings for Android-powered mobile phones.
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6. Germans have learned to love the euro: poll

Almost 70 per cent of Germans now favour the euro, and only 27 per cent would prefer to ditch the common currency and return to the once-beloved Deutschmark, a survey finds.
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EUROPEAN LAW

Romania: Romanian Prime Minister Victor Ponta on Thursday appointed a former prosecutor as justice minister, a key area monitored by the Commission.
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Ex-Kosovo minister pleads not guilty to corruption charges
Latest Court of Justice judgements
EU Law Firms
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Inside the EU Institutions

Council Watch

Cyprus: eurozone and EU finance ministers meet from Friday in Dublin to finalise the Cyprus bailout and consider extending debt repayment dates for Portugal and Ireland, while also tackling how to stamp out tax fraud.
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Serbia will not sign Kosovo accord, wants more talks
Cameron to push reform on tour of EU capitals
Thatcher cause of UK-EU tensions: Kohl
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Commission Watch

Margaret Thatcher: Commission head Jose Manuel Barroso paid tribute on Monday to former British premier Margaret Thatcher's "contributions" to the growth of the EU, despite her reservations about the bloc's merits.
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EU warns Bosnian membership bid 'frozen' without reform
EU pledges EUR 50m to African Mali force
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Parliament Watch

Croatia: the country votes this Sunday to elect its first deputies to the European Parliament.
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Israel accused of 'arrogance' over Morocco MPs
Parliament's political groups this week prepared for next week's plenary session, when MEPs will vote new rules on capital requirements for banks, including bonus caps, increased competition among airport ground-handling service suppliers, and EU emissions trading.
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EU diary

15-18 Apr, European Parliament plenary session
22-23 Apr, Agriculture and Fisheries Council
22-23 Apr, Foreign Affairs Council
29 Apr, Launch of EU Strategy on adaptation to climate change
1 May, European Solar Days
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

Cyprus bailout cost jumps in threat to economy 11-Apr

 

Lagarde says some eurozone banks may need to close 10-Apr

 

Slovenia 'agrees' with EU criticisms 10-Apr

 

Portugal pushes on with austerity 10-Apr

 

EU launches fresh probe into MasterCard 9-Apr

 

'Immense stake' for US in eurozone recovery: Lew 8-Apr
EU Alerts

EUbusiness Week no. 804
Tax dodgers under fire
→ EUbusiness Week archive

The Week Ahead no. 371
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