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Tough choices for new UK govt - EUbusiness Week 489


14-05-2010

EUbusiness Week 489 top stories: US economic worries spark calls for swift eurozone action; EU wants to vet national budgets; EU seeks unconditional talks with US over Boeing-Airbus; Brazil, India take EU to WTO over generic drug seizures; EC report looks to relaunch single market; Europe moves towards limits on animal experimentation

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EUbusiness Week - Issue 489
14 May 2010
http://www.eubusiness.com
Your way through the EU information maze
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This Week's Top Stories
=======================
1. US economic worries spark calls for swift eurozone action
2. EU wants to vet national budgets
3. EU seeks unconditional talks with US over Boeing-Airbus
4. Brazil, India take EU to WTO over generic drug seizures
5. EC report looks to relaunch single market
6. Europe moves towards limits on animal experimentation

Publisher's Note
================
One thing has already been made clear by Britain's new
coalition government: the UK will not join or prepare to
join Europe's single currency, according to a joint policy
agreement published on Wednesday. Other ramifications with
regard to EU-UK relations are not so certain, however.

Congratulating new prime minister David Cameron, Commission
president Barroso looked forward to "a good working
relationship". The challenges facing Britain, he said, are
shared by Europe's partners - economic recovery, climate
change and energy security.

Many in Europe also share another hope: that the coalition's
eurofriendly Liberal Democrats will neutralise the euro-
sceptic tendencies of some of their Conservative partners.
http://www.eubusiness.com/news-eu/britain-politics.4oh

Regards,

Nick Prag
Publisher, EUbusiness

MARKET RESEARCH: EIU Country Report Poland April
* * * * * * * * * * * * * * * * * * * * * * * * * * * *
Country Reports from the Economist Intelligence Unit analyse
political and economic trends in featured countries. They
show you exactly how national, regional and global events
will affect your business in the short to medium term.
http://www.eubusiness.com/poland/eiu-may.10
http://www.eubusiness.com/market-research
* * * * * * * * * * * * * * * * * * * * * * * * * * * *

1. US economic worries spark calls for swift eurozone action
------------------------------------------------------------
Worried the fragile US economic recovery may be derailed by
the European debt crisis, President Barack Obama's
administration is pushing EU leaders to take firm
steps to contain the turmoil.
http://www.eubusiness.com/news-eu/finance-economy-us.4o0
Europeans plan raft of measures to reduce big deficits
http://www.eubusiness.com/news-eu/finance-economy.4ny

2. EU wants to vet national budgets
-----------------------------------
Europe announced radical plans on Wednesday to pre-vet
Member States' budgets from next year, drawing decidedly
mixed reactions from euro giants Germany and France.
http://www.eubusiness.com/news-eu/eurozone-budget.4o7

3. EU seeks unconditional talks with US over Boeing-Airbus
----------------------------------------------------------
The EU has called for unconditional talks with the United
States to resolve the Boeing-Airbus dispute over subsidies
currently being heard at the World Trade Organization.
http://www.eubusiness.com/news-eu/wto-trade-dispute.4nx

4. Brazil, India take EU to WTO over generic drug seizures
----------------------------------------------------------
Brazil and India said Wednesday that they have filed
separate complaints against the European Union at the World
Trade Organization over the seizure of generic medicines.
http://www.eubusiness.com/news-eu/wto-brazil-india.4oi

5. EC report looks to relaunch single market
--------------------------------------------
A Commission-sponsored report has called for a replacement
for the Lisbon strategy which, according to European
Parliament president Jerzy Buzek, has not been a success.
http://www.eubusiness.com/news-eu/SM-strategy.125

6. Europe moves towards limits on animal experimentation
--------------------------------------------------------
Europe moved on Tuesday towards setting strict limits on
scientific experiments on animals, with representatives
of the EU nations approving the move.
http://www.eubusiness.com/news-eu/animal-research.4n7

EUROPEAN CASE LAW
=================
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
-------------
Euro fund: Europe on Monday announced a trillion-dollar
rescue package for crisis-hit euro countries backed by
the IMF and central banks worldwide.
http://www.eubusiness.com/news-eu/finance-economy.4lf
Russia plans shift to pro-West foreign policy: media
http://www.eubusiness.com/news-eu/russia-us-diplomacy.4nc
EU and South Korea sign deal to boost ties
http://www.eubusiness.com/news-eu/skorea-diplomacy.4ml
Serbia must solve Kosovo issues to join EU: US
http://www.eubusiness.com/news-eu/us-kosovo-serbia.4o9
Envoy urges Bosnia reform push ahead of EU-Balkans meeting
http://www.eubusiness.com/news-eu/bosnia-enlarge.4nh
http://www.eubusiness.com/European_Council

Commission Watch
----------------
Bank levy: Commission chief Jose Manuel Barroso has called
for the G20 countries to agree on a bank levy to prevent
future financial crises at their June summit.
http://www.eubusiness.com/news-eu/g20-finance-economy.4p4
EU defends hedge-fund rules in face of US pressure
http://www.eubusiness.com/news-eu/us-finance-regulate.4ou
Commissioner previews Research and Innovation Strategy
http://www.eubusiness.com/research/ec-innovation.03
http://www.eubusiness.com/Commission

Euro-Parliament Watch
---------------------
This week, the Industry Committee unanimously approved a
draft regulation providing a legal basis for EU satellites
that observe the Earth's surface for environmental and
security purposes; while the Economic and Monetary Affairs
Committee voted to beef up the EU's financial supervisory
plans, but postponed a vote on the Alternative Investment
Fund Managers Directive.

Parliament's political groups prepared for the 17-20 May
plenary session in Strasbourg. Main items on the agenda
include legislation on energy efficiency, gender equality
for the self-employed, the European Asylum Support Office,
organ transplantation and the labelling of textiles. The
key debate is on the Europe 2020 programme.
http://www.eubusiness.com/Europarl

EU diary
--------
17 May, Agriculture and Fisheries Council
17 May, Eurogroup meeting
17-20 May, European Parliament Plenary Session
18 May, Council of Economy and Finances (ECOFIN)
25-26 May, Competitiveness Council
25-27 May, Madrid, 18th EU-ASEAN Ministerial Meeting

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

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

MEMBERSHIP
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Comment
-------
Commenting on our piece "Euro-MPs urge more time for
combustion plants to comply with emission limits", Mike
Parr writes:

"Some power station operators have decided not to fit a
system (called Boosted Over Fire Air) which would allow
coal-fired stations to meet the obligations of the Large
Combustion Plant Directive [...] the above makes one wonder
why any extension to the LCPD is needed. The technology is
available, it is not very difficult to fit, is made and
supplied by European companies (thus benefitting Euro
industry). Where is the problem?"
http://www.eubusiness.com/news-eu/industrial-emissions.405
Discussion: http://www.eubusiness.com/discussion

Analysis
--------
Climate: the new UK government's policies on aviation and
coal are stronger than those of the former Labour
government, but the approach on nuclear power looks
like a recipe for muddle and delay.
http://www.eubusiness.com/Members/climateanswers/10-05-13

Debt crisis pushes ECB into policy minefield: analysts
http://www.eubusiness.com/news-eu/ecb-bank-finance.4m6
http://www.eubusiness.com/features

Policy Forum
------------
ESBA presents its "DIGITAL AGENDA FOR EUROPE: a Small
Business Perspective"
http://www.eubusiness.com/internet/esba.10-05-12

EU governments bury their head in the sand over Europe’s
most dangerous chemicals
http://www.eubusiness.com/chemicals/greenpeace.10-05-12
More press: http://www.eubusiness.com/press

BECOME AN EUBUSINESS PREMIUM PARTNER
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Events
------
18 Jun, Brussels: the aviation industry goes green
http://www.eubusiness.com/airlines/cleansky.10

1 Jul, Thessaloniki: Information Warfare and Security
http://www.eubusiness.com/internet/information-warfare.10
More events: http://www.eubusiness.com/events

Jobs
----
Senior Lecturer, European Institute of Public Administration
http://www.eubusiness.com/Education/eipa.10-05-13

Lawyer specialised in legal aspects of Capital Markets,
Derivatives and Treasury Operations, Euro. Investment Bank
http://www.eubusiness.com/finance/eib.10-05-11
More jobs: http://www.eubusiness.com/jobs

Briefing
--------
EU-wide complaints reporting
http://www.eubusiness.com/consumer/complaints.01

Latest trends in SMEs access to finance
http://www.eubusiness.com/sme/sme-financing-briefing
More briefings: http://www.eubusiness.com/guides

Publications
--------------
Reinforcing economic policy coordination in the EU and the
euro area - Communication COM(2010)250 final
http://www.eubusiness.com/finance/coordination-COM-2010-250

Project Europe 2030 - A report to the European Council by
the Reflection Group on the Future of the EU 2030
http://www.eubusiness.com/institutions/project-europe-2030
More publications: http://www.eubusiness.com/EUbooks

Links
-----
Annual European Neighbourhood Policy reports 2009
http://www.eubusiness.com/development/neighbourhood.09
More links: http://www.eubusiness.com/links

Other news on EUbusiness this week
----------------------------------
Suspension from Kyoto carbon trading for Bulgaria 13-May
http://www.eubusiness.com/news-eu/bulgaria-industry.4p2
Tender: Habitats & Birds Directives support 12-May
http://www.eubusiness.com/environ/birds-tender.02
IMF 'ready' to increase euro emergency funds 12-May
http://www.eubusiness.com/news-eu/finance-economy-imf.4om
Eurozone growth hits 0.2 per cent in first quarter 12-May
http://www.eubusiness.com/news-eu/eurozone-growth.4o4
EU restricts imports of plants from China 11-May
http://www.eubusiness.com/news-eu/plant-imports-china.115
Aviva says 'very low' risk of eurozone defaults 11-May
http://www.eubusiness.com/news-eu/finance-economy.4n6
Anti-EU sentiment strong in Norway: poll 11-May
http://www.eubusiness.com/news-eu/norway.4n5

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