Crisis stirs up euro debate - EUbusiness Week no 419

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EUbusiness Week - Issue 419
31 October 2008
http://www.eubusiness.com
Your way through the EU information maze
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This Week's Top Stories
=======================
1. Crisis throws Europe into deepest gloom for 15 years
2. European Union forces CO2 caps on airlines
3. EU agrees to tougher protection of tuna stocks
4. Commissioner eyes tobacco ban in work places
5. EU computer network links Pakistan scientists to world
6. Spanish restaurant 'anti-crisis' lunch menu for 1 euro

Publisher's Note
================
Debate about whether and when to join the euro is hotting up.
With the krone under pressure, Danish PM Rasmussen says the
financial crisis will not speed up his country's vote to
join the eurozone. The Czech Republic also should avoid a
decision on a euro adoption date in the current financial
crisis, says the Czech National Bank governor. And while the
Polish government this week approved a roadmap for euro
adoption in 2012, the move could still be blocked by the
opposition.

One country, however, appears to have few doubts about the
benefits of swapping its currency for a bigger, safer one.
Some 72.5 per cent of Icelanders are now in favour of
adopting the euro, according to a poll published on Monday.
68.8 per cent think Iceland should apply to join the EU.
http://www.eubusiness.com/news-eu/1225126021.25

Regards,

Nick Prag
Publisher, EUbusiness

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1. Crisis throws Europe into deepest gloom for 15 years
-------------------------------------------------------
The worst financial crisis for generations and a looming
recession drove European consumer and business confidence
to a 15-year low in October, the eurozone 'economic
sentiment indicator' showed on Thursday.
http://www.eubusiness.com/news-eu/1225361822.13
EU aims to double aid available to troubled Member States
http://www.eubusiness.com/news-eu/1225283523.03
Euro slump offers some relief: EU business group
http://www.eubusiness.com/news-eu/1225126921.57

2. European Union forces CO2 caps on airlines
---------------------------------------------
Member States have agreed to bring airlines into the fight
against global warming from 2012, upsetting airline
associations as well as the United States, whose
carriers will be included.
http://www.eubusiness.com/news-eu/1224847922.1

3. EU agrees to tougher protection of tuna stocks
-------------------------------------------------
Fisheries ministers agreed Monday to step up protection of
dwindling bluefin tuna stocks and fight illegal fishing,
but stopped short of the fishing ban demanded by
environmental groups.
http://www.eubusiness.com/news-eu/1225136825.29

4. Commissioner eyes tobacco ban in work places
-----------------------------------------------
Social Affairs Commissioner Vladimir Spidla wants to see a
smoking ban in workplaces rolled out across Europe, a
spokeswoman said on Monday.
http://www.eubusiness.com/news-eu/1225111621.15

5. EU computer network links Pakistan scientists to world
---------------------------------------------------------
Scientists and researchers in Pakistan can now connect with
colleagues across the globe via a link with Europe's GEANT
network dedicated to research and education.
http://www.eubusiness.com/news-eu/1225208822.65

6. Spanish restaurant 'anti-crisis' lunch menu for 1 euro
---------------------------------------------------------
A restaurant in Gijon in northern Spain has started offering
a lunchtime "anti-crisis" menu for just one euro to help its
customers in the industrial port face up to the sharp
economic slowdown.
http://www.eubusiness.com/news-eu/1225133222.1

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

Council Watch
-------------
Crisis: European leaders are looking to Germany's Angela
Merkel to head opposition to French President Nicolas
Sarkozy's hands-on attempts to confront the financial
crisis, over fears they could drive a wedge through Europe.
http://www.eubusiness.com/news-eu/1225128721.72
Australia, EU sign 'historic' partnership
http://www.eubusiness.com/news-eu/1224782222.64
EU seals deal to help recover child support payments
http://www.eubusiness.com/news-eu/1224864122.21
http://www.eubusiness.com/European_Council

Commission Watch
----------------
Stimulus: the Commission plans an EU-wide stimulus package
next month, hoping to contain the impact of the financial
crisis on the wider economy.
http://www.eubusiness.com/news-eu/1225282621.51
EU clears Mandelson over oligarch favouritism
http://www.eubusiness.com/news-eu/1225023422.85
Commissioner backs favourable loans for carmakers
http://www.eubusiness.com/news-eu/1225295231.26
New trade chief warns against protectionism
http://www.eubusiness.com/news-eu/1225219621.58
http://www.eubusiness.com/Commission

Euro-Parliament Watch
---------------------
South Korea: SKorea and the EU are expected to finalise a
free trade agreement this year after narrowing their
differences on key points, a visiting senior MEP said.
http://www.eubusiness.com/news-eu/1225158422.43

External parliamentary activities this week.
http://www.eubusiness.com/Europarl

EU diary
--------
4 Nov, Ecofin Council
10 Nov, Gen'l Affairs and Ext'l Relations Council
18-19 Nov, Agriculture and Fisheries Council
20-21 Nov, Education, Youth and Culture Council
21 Nov, ECOFIN Budget Council
27 Nov, JHA Council
27 Nov, Transport, Telecoms and Energy Council

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

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

Comment of the Week
-------------------
Commenting on our piece "Tiny Faroe Islands offer Iceland
EUR 40m loan", Demir Arabaci writes:

"Now there is a tiny place with a heart of gold. Watch and
learn the rich and greedy countries of EU. You too can
become good global citizens.. if you only had a heart like
the Faroe Islanders.."
http://www.eubusiness.com/news-eu/1225221425.73
http://www.eubusiness.com/discussion

EUpress
-------
1st REACH hazardous chemicals list 'a drop in the ocean'
http://www.eubusiness.com/Environ/eeb-press.08-10-28

Car industry asks taxpayers to foot bill for irresponsibility
http://www.eubusiness.com/Environ/greenpeace.08-10-29

Reach Europe's decision-makers! Publish your organisation's
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EUguides
--------
State aid: what is possible under EU rules
http://www.eubusiness.com/Competition/eu-state-aid-guide

European trade strengths in a changing global economy
http://www.eubusiness.com/Trade/eu-trade-strengths-guide

New framework for air services in the European Union
http://www.eubusiness.com/Transport/eu-air-services-guide
More guides: http://www.eubusiness.com/guides

EUevents
--------
20 Nov, Brussels: Seventh Framework Programme Roundtable
http://www.eubusiness.com/Rd/fp7-roundtable.08

27 Nov, Brussels: Credit Crunch and Late Payments
http://www.eubusiness.com/Members/intrum-justitia/
More events: http://www.eubusiness.com/events

EUjobs
------
Principal/Senior Banker, Power & Energy, EBRD
http://www.eubusiness.com/Jobs/ebrd-job.08-10-29

Manager, European Affairs, CFA Institute
http://www.eubusiness.com/Jobs/cfa-job.08-10-16
More jobs: http://www.eubusiness.com/jobs

EUlinks
-------
European trade strengths in a changing global economy
http://www.eubusiness.com/Trade/trade-strengths.01

European Energy Research Alliance (EERA)
http://www.eubusiness.com/Energy/eera
More links: http://www.eubusiness.com/links

Other news on EUbusiness this week
----------------------------------
European Energy Research Alliance launched 30-Oct
http://www.eubusiness.com/Energy/eera.01
Baltic states to get US visa waiver on Nov 17 29-Oct
http://www.eubusiness.com/news-eu/1225284422.28
IMF announces EUR 20bn rescue package for Hungary 29-Oct
http://www.eubusiness.com/news-eu/1225275422.77
EBRD grants Bosnia EUR 180m loan for key highway 28-Oct
http://www.eubusiness.com/news-eu/1225220521.17
EU criticism of Slovenia road tax system "unfair" 28-Oct
http://www.eubusiness.com/news-eu/1225216027.43
Polish shipyard workers protest in Brussels 28-Oct
http://www.eubusiness.com/news-eu/1225196224.08
Russia 'still open' to WTO membership, EU cooperation 27-Oct
http://www.eubusiness.com/news-eu/1225132323.37
Most Icelanders want to join EU and euro after crisis 27-Oct
http://www.eubusiness.com/news-eu/1225106221.88
Airport 'body scanner' plan exposes EU split 25-Oct
http://www.eubusiness.com/news-eu/1224856927.19

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