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EU's new industrial strategy - EUbusiness Week 507


29-10-2010

EUbusiness Week 507 top stories: EU moves towards compromise on treaty change; EU wraps up final deal to curb hedge funds; Europe firm on bluefin tuna quota cut despite row; Exorbitant price talk for Galileo maps 'way off beam'; Europe streamlines crisis response as disasters multiply; Canada-EU free trade 'to cost Canada up to 150,000 jobs'

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EUbusiness Week Newsletter 507
29 October 2010
http://www.eubusiness.com
Your way through the EU information maze
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This Week's Top Stories
=======================
1. EU leaders succumb to treaty change demands
2. EU wraps up final deal to curb hedge funds
3. Europe firm on bluefin tuna quota cut despite row
4. Exorbitant price talk for Galileo maps 'way off beam'
5. Europe streamlines crisis response as disasters multiply
6. Canada-EU free trade 'to cost Canada up to 150,000 jobs'

Publisher's Note
================
The new "integrated industrial policy for the globalisation
era" proposed by the Commission this week has been generally
welcomed by European business organisations.

It offers "competitiveness proofing" and "fitness checks" on
all legislative proposals/existing legislation relating to
industrial policy, easier access to credit for SMEs, stronger
European standardisation, a new strategy on raw materials, and
innovation support for sectors such as advanced manufacturing
technologies, biofuels and road and rail transport.

Reinforcing the EU’s strengths in producing high quality goods
is important for economic recovery and for putting Europe on
a path towards resource efficiency and sustainability. The
strategy is a useful roadmap for more specific actions.
http://www.eubusiness.com/single-market/industrial-policy.10
http://www.eubusiness.com/single-market/competitiveness.10

Regards,

Nick Prag
Publisher, EUbusiness

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1. EU leaders succumb to treaty change demands
----------------------------------------------
European Union leaders succumbed Friday to German demands to
tackle a "limited" rewrite to the EU bloc's guiding Lisbon
Treaty in order to learn from the Greek debt crisis.
http://www.eubusiness.com/news-eu/summit-economy.6rg
British PM rallies partners against EU spending spike
http://www.eubusiness.com/news-eu/summit-economy.6r5
How the EU plans to keep states' finances in check
http://www.eubusiness.com/news-eu/summit-economy.6qn

2. EU wraps up final deal to curb hedge funds
---------------------------------------------
The EU has wrapped up a final deal to apply strict new
legislative curbs on the trillion-dollar hedge fund industry.
http://www.eubusiness.com/news-eu/finance-economy.6pc
Eurozone business confidence hits near three-year high
http://www.eubusiness.com/news-eu/eurozone-economy.6qf

3. Europe firm on bluefin tuna quota cut despite row
----------------------------------------------------
Europe fought back Wednesday with a renewed call to slash
sushi-prized bluefin tuna quotas for next year despite
objections from Mediterranean fishing nations.
http://www.eubusiness.com/news-eu/environment-fish.6q3

4. Exorbitant price talk for Galileo maps 'way off beam'
--------------------------------------------------------
The Industry Commissioner slapped down reports that the much-
delayed Galileo satellite navigation system could be EUR 20bn
over budget, as he named a new contractor for the project.
http://www.eubusiness.com/news-eu/space-aerospace.6pb

5. Europe streamlines crisis response as disasters multiply
-----------------------------------------------------------
Faced by the multiplication of natural and man-made disasters
worldwide, the European Union plans to upgrade its capacity
to rapidly respond to crises.
http://www.eubusiness.com/news-eu/disaster-aid.6pk

6. Canada-EU free trade 'to cost Canada up to 150,000 jobs'
-----------------------------------------------------------
Canada stands to lose up to 150,000 jobs under a proposed free
trade pact with the European Union, according to a study
released on Wednesday.
http://www.eubusiness.com/news-eu/canada-economy.6qa

EUROPEAN CASE LAW
=================
Seal imports: a European judge has refused to suspend a ban
on the import of seal products in Europe, dealing a blow to
Canada's Inuit hunters and fur traders.
http://www.eubusiness.com/news-eu/canada-hunting.6qq
EU slaps Deutsche Telekom with EUR 12.6m fine
http://www.eubusiness.com/eulaw/deutsche-telekom.02
EU stresses opposition to death penalty after Aziz sentence
http://www.eubusiness.com/news-eu/iraq-trial-aziz.6pg

Latest Court of Justice judgements
http://www.eubusiness.com/eulaw/ecj
EU Law Firms
http://www.eubusiness.com/eulaw/firms
http://www.eubusiness.com/eulaw
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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
-------------
Serbia: Serbia cleared a crucial hurdle in its bid to join
the European Union when the bloc agreed to examine Belgrade's
candidacy as a reward for its softened stance on Kosovo.
http://www.eubusiness.com/news-eu/enlarge-serbia.6oo
Why Germany wants a European treaty revision
http://www.eubusiness.com/news-eu/summit-economy.6qo
EU to explore softening of ties with Cuba
http://www.eubusiness.com/news-eu/cuba-dissident.6ov
http://www.eubusiness.com/European_Council

Commission Watch
----------------
Rare earths: Trade Commissioner Karel De Gucht has urged
global partners to diversify mining sources for prized rare
earths as a battle with China deepens over scarce supplies.
http://www.eubusiness.com/news-eu/china-japan.6pr
France slams Commissioner's 'unacceptable' criticisms
http://www.eubusiness.com/news-eu/germany-france.6po
Frenchman to manage EU's new diplomatic corps
http://www.eubusiness.com/news-eu/diplomacy-world.6p5
http://www.eubusiness.com/Commission

Euro-Parliament Watch
---------------------
This week, Budgets Committee MEPs were disappointed that the
Commission's EU budget review document had not sought the
radical revision that the EU needs; a Human Rights Committee
hearing said Turkey needs to do more to protect basic freedoms
on the road to EU accession; and the Culture Committee called
for a European Heritage Label to highlight cultural treasures.
http://www.eubusiness.com/Europarl

EU diary
--------
28-29 Oct, European Council
4 Nov, Governing Council meeting of the ECB
8-9 Nov, Justice and Home Affairs Council
9-10 Nov, Education, Youth & Culture Council
11-12 Nov, Seoul, G20 Seoul Summit

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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Comment
-------
Commenting on our piece "Euro-Parliament strikes at Europe's
late payment culture", Ian Savell writes:

"For many small businesses the liquidity issue includes the
time between incurring costs and being able to invoice. Will
the legislation cover such issues, especially where the
supplier requires staged payments against progress rather
than stage completion and delivery?"
http://www.eubusiness.com/news-eu/late-payments-ep.6ma
Discussion: http://www.eubusiness.com/discussion

Press
-----
ANEC/BEUC inventory exposes a game of roulette
http://www.eubusiness.com/Members/BEUC/anec-beuc-inventory

European and Indian private sector sign a new alliance
http://www.eubusiness.com/Members/EUROCHAMBRES/europe-india.1
More press: http://www.eubusiness.com/press

Jobs
----
Head of Marine and Fisheries Policy, WWF
http://www.eubusiness.com/Jobs/wwf.10-10-24

Communication Manager, European Chemical Industry Council
http://www.eubusiness.com/Jobs/cefic.10-10-24
More jobs: http://www.eubusiness.com/jobs

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Events
------
8 Dec, Paris: GeoPower Europe
http://www.eubusiness.com/energy/geopower-europe-10

13 Jan 2011, Marseille: Workshop on immunology and metabolism
http://www.eubusiness.com/health/embo.11
More events: http://www.eubusiness.com/events

Guides
------
Single Market Act
http://www.eubusiness.com/single-market/sma-guide

European disaster response
http://www.eubusiness.com/humanitarian-aid/crisis-response
More guides: http://www.eubusiness.com/guides

Publications
------------
The Crisis of the Eurozone, by Dorothee Bohle
http://www.eubusiness.com/euro/crisis-eurozone.10

EU Industrial R&D Investment Scoreboard 2010
http://www.eubusiness.com/research/rd-investment.10

Flexible working time arrangements and gender equality
http://www.eubusiness.com/social/gender-equality.10
More publications: http://www.eubusiness.com/EUbooks

Other news on EUbusiness this week
----------------------------------
US execution drug not banned for export: EU 28-Oct
http://www.eubusiness.com/news-eu/us-justice-drugs.6r0
Europe offers EUR 1.5m to disaster-hit Indonesia 28-Oct
http://www.eubusiness.com/news-eu/indonesia-tsunami.6qk
EU businesses post 2.6 pct drop in R&D spending 27-Oct
http://www.eubusiness.com/research/rd-spending.10
Eurozone banks seeking less funds: ECB's Trichet 27-Oct
http://www.eubusiness.com/news-eu/cyprus-ecb-economy.6q7
EU greenlights Durex takeover after competition probe 25-Oct
http://www.eubusiness.com/news-eu/sector-competition.6oz
Sth Korea FTA deal with EU to lawmakers for approval 25-Oct
http://www.eubusiness.com/news-eu/skorea-fta-trade.6oi
Italy faces massive fines failing garbage clean-up: EU 24-Oct
http://www.eubusiness.com/news-eu/italy-environment.6od

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