Recession fears rise in Europe - EUbusiness Week no 413

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EUbusiness Week - Issue 413
19 September 2008
http://www.eubusiness.com
Your way through the EU information maze
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This Week's Top Stories
=======================
1. European leaders cautious in comment as markets reel
2. EU proposes new WTO accord on high-tech products
3. EU probing Yahoo, Google ad deal
4. EU plans boost to competition for fibre optic networks
5. EU fraud office posts official in China
6. England is most crowded country in Europe, after Malta

Publisher's Note
================
"I don't think the events we are witnessing are helpful for
the general growth situation", says eurogroup chairman Jean-
Claude Juncker. With Europe's economy already struggling
with high oil prices and a strong euro, the risk of a
genuine recession has risen with the latest banking crisis.

Nevertheless, the Federation of European Employers says
major European companies outside the financial sector
have anticipated the economic downturn in recent years,
substantially increasing profit margins. For this reason,
it says recovery could be "far quicker than in past economic
cycles when the upturn finally comes". We live in hope.
http://www.eubusiness.com/news-eu/1221658595.26

Service: we upgrade servers this weekend, so apologies for
any difficulties you may have accessing our service. You
should get a much faster website by next week.

Regards,

Nick Prag
Publisher, EUbusiness

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1. European leaders cautious in comment as markets reel
-------------------------------------------------------
Cautious European leaders, aware they are dealing with a
situation largely out of their control, are guarded in their
comments as they confront the global financial turmoil.
http://www.eubusiness.com/news-eu/1221751023.7

2. EU proposes new WTO accord on high-tech products
---------------------------------------------------
The Union on Monday proposed updating a World Trade
Organisation agreement on high-technology products to
include new models and neutralise a complaint from the
United States, Japan and Taiwan.
http://www.eubusiness.com/news-eu/1221434222.0

3. EU probing Yahoo, Google ad deal
-----------------------------------
The EU's top competition regulator has opened an
investigation into a proposed online advertising tie-up
between internet giants Google and Yahoo.
http://www.eubusiness.com/news-eu/1221578222.83

4. EU plans boost to competition for fibre optic networks
---------------------------------------------------------
The Commission said on Thursday that it aimed to prevent
dominant telecoms companies from recreating monopolies in
next generation fibre-optic networks.
http://www.eubusiness.com/news-eu/1221736621.96

5. EU fraud office posts official in China
------------------------------------------
The European Anti-Fraud Office (OLAF) has posted an officer
in Beijing, a move prompted by the huge number of
counterfeit cigarettes emanating from China.
http://www.eubusiness.com/news-eu/1221565622.1

6. England is most crowded country in Europe, after Malta
---------------------------------------------------------
England is the most densely populated major country in the
EU, overtaking the Netherlands, data from the Office for
National Statistics shows.
http://www.eubusiness.com/news-eu/1221574622.91

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Inside the EU Institutions
==========================

Council Watch
-------------
Central Asia: the EU wants to look at ways of tapping into
Central Asia's vast energy reserves, an official said at
the opening of a foreign ministers' meeting in Paris.
http://www.eubusiness.com/news-eu/1221735722.17
EU treaty not likely to be in place till 2010: Juncker
http://www.eubusiness.com/news-eu/1221658513.84
Ireland refuses timetable for treaty
http://www.eubusiness.com/news-eu/1221765421.99
Cuba agrees to resume political dialogue with EU
http://www.eubusiness.com/news-eu/1221658459.41
EU leaves Zimbabwe sanctions in place
http://www.eubusiness.com/news-eu/1221474739.51
http://www.eubusiness.com/European_Council

Commission Watch
----------------
Financial crisis: Member States must stand by budget
overspending rules despite the financial crisis, Economic
Affairs Commissioner Joaquin Almunia said on Tuesday.
http://www.eubusiness.com/news-eu/1221551222.77
Ireland set for budget deficit above EU-set limit: Almunia
http://www.eubusiness.com/news-eu/1221753746.68
EC urges action on fishing fleet's overcapacity
http://www.eubusiness.com/news-eu/1221663482.98
EU hopes to give billion euros in aid to Georgia
http://www.eubusiness.com/news-eu/1221658391.89
http://www.eubusiness.com/Commission

Euro-Parliament Watch
---------------------
Europarl TV: Parliament on Wednesday launched a new Web-
based TV channel, hoping to bolster its image and reach a
wider, younger audience.
http://www.eubusiness.com/news-eu/1221659222.62

In committee this week, the EP Foreign Affairs Committee
reviewed the Georgian crisis with French minister Jouyet,
and the Development Committee called for a more ambitious
global alliance against climate change. The Civil Liberties
Committee wanted to outlaw fingerprinting of under-twelves
for biometric passports; to make the internet safer for
children; and to clarify divorce rules for international
couples.
http://www.eubusiness.com/Europarl

EU diary
--------
21 Sep, Informal Agriculture ministers' meeting
25 Sep, Justice and Home Affairs Council
25-26 Sep, Competitiveness Council
29 Sep, Agriculture and Fisheries Council
2-3 Oct, Employment, Social, Health, Consumer Affairs
10 Oct, Transport, Telecoms and Energy Council
27 Oct, Agriculture and Fisheries Council
4 Nov, Ecofin Council

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

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

EUpress
-------
CEA statement following recent developments in the US
http://www.eubusiness.com/Finance/cea-press.08-09-16

UEAPME: good news on SME finance must not be offset by EC
http://www.eubusiness.com/Finance/ueapme.2008-09-15

Reach Europe's decision-makers! Publish your organisation's
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EUguides
--------
Next Generation Access networks in Europe
http://www.eubusiness.com/Internet/next-broadband-guide

Proposal for protection of animals at the time of killing
http://www.eubusiness.com/Agri/animals-slaughter.01

Kopernikus EU earth observation activities
http://www.eubusiness.com/Environ/kopernikus-guide

Information Technology Agreement
http://www.eubusiness.com/Trade/ita-briefing.01
More guides: http://www.eubusiness.com/guides

EUevents
--------
9 Oct, London: 2nd Annual Collateral Management
http://www.eubusiness.com/jacobfleming

22 Oct, Stockholm: eChallenges e-2008 conference
http://www.eubusiness.com/Rd/echallenges.08
More events: http://www.eubusiness.com/events

EUjobs
------
Expert in democracy assistance (Post-Soviet region)
http://www.eubusiness.com/Jobs/eupd-job.08-09-16

Investment Analyst, European Investment Fund
http://www.eubusiness.com/Jobs/eif-job.08-09-09
More jobs: http://www.eubusiness.com/jobs

EUlinks
-------
Commission Communication on Multilingualism
http://www.eubusiness.com/Languages/multilingualism-com

Marseille European Capital of Culture for France in 2013
http://www.eubusiness.com/Culture/capital-culture-marseille

Free food for Europe's poor - Commission proposal
http://www.eubusiness.com/Social/free-food
More links: http://www.eubusiness.com/links

Other news on EUbusiness this week
----------------------------------
EU 'sees progress' by China on market economy status 18-Sep
http://www.eubusiness.com/news-eu/1221733922.11
EU raps member states over telecoms rules 18-Sep
http://www.eubusiness.com/news-eu/1221736621.96
EU to improve animal welfare in slaughterhouses 18-Sep
http://www.eubusiness.com/news-eu/1221746287.05
EU unveils action plan to combat drug abuse 18-Sep
http://www.eubusiness.com/news-eu/1221743822.29
EU sues Portugal over special rights in EDP 18-Sep
http://www.eubusiness.com/news-eu/1221737522.23
Mick Jagger, biz leaders debate EU online retailing 17-Sep
http://www.eubusiness.com/news-eu/1221677224.07
EU seeks to expand food aid for Europe's poor 17-Sep
http://www.eubusiness.com/news-eu/1221658588.88
End anti-dumping duties on leather shoes: Vietnam 16-Sep
http://www.eubusiness.com/news-eu/1221546723.7
EU holds first Roma poverty summit 16-Sep
http://www.eubusiness.com/news-eu/1221563821.78
Facilitating access to EU funding: practical guide 15-Sep
http://www.eubusiness.com/Rd/acces-to-eu-funding

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