Priority to the digital single market - EUbusiness Week newsletter 703
EUbusiness Week 703 top stories: 1. Britain holds knife-edge vote crucial for EU, Scotland; EU upgrades outlook but Greece woes deepen; EU opens new front against Internet giants; Brussels eyes McDonald's tax probe: Commissioner; EU pushes global investment court to save US trade deal; EU to board unflagged vessels in migrant push
Business is increasingly conducted online by companies and consumers.
But barriers and a lack of trust mean that both remain a way off being
able to take advantage of the many opportunities the Internet offers,
and the Commission this week set out its plans for a Digital Single
A fully functional Digital Single Market was earmarked by the Juncker Commission as one of its top priorities. As it could contribute EUR 415 bn per year to Europe's economy and create hundreds of thousands of jobs, it is easy to see why.
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1. Britain holds knife-edge vote crucial for EU, Scotland
Britons voted Thursday in a knife-edge general election that could put
their country's membership of the EU in doubt and again raise the
prospect of independence for Scotland.
Europe wary but weary of 'Brexit' threat
2. EU upgrades outlook but Greece woes deepen
The EU upgraded its growth outlook for the eurozone Tuesday on the back
of cheaper oil and a weak currency, but a sudden worsening of Greece's
economic woes cast a pall over the brightening situation.
Cyprus stuck in recession 3 years after bailout
3. EU opens new front against Internet giants
The EU has opened a new front in its battle with Internet firms like
Amazon and Google as part of a wide-ranging digital strategy aimed at
making Europe more competitive with global rivals.
4. Brussels eyes McDonald's tax probe: Commissioner
The EU has signalled it may probe sweetheart tax deals that US fast food
icon McDonald's allegedly agreed with Luxembourg, adding to a growing
list of suspects.
5. EU pushes global investment court to save US trade deal
The Trade Commissioner defended plans for an international investment
court that could deal with any disputes arising from a massive free
trade treaty with the United States.
6. EU to board unflagged vessels in migrant push
EU nations will get powers to board unflagged boats in the Mediterranean
in order to stop people traffickers following the worst migrant
shipwreck in years, say diplomats.
Inside the EU Institutions
China: the Union and China on Tuesday expressed a desire to deepen
cooperation on international security, diplomacy and climate change,
though human rights appeared to remain a sensitive issue.
EU, IMF hit back at Greece in bailout row
Syriza's 100 days: a slow reckoning with financial reality
EU army: EC head Jean-Claude Juncker has called again for the EU to
build an army, saying a flock of hens posed more of a threat than its
current military capabilities.
EU says no further delay on Ukraine trade deal
Iran nuclear talks to resume May 12 in Vienna: EU
In committee this week, Legal Affairs MEPs backed a draft law empowering
shareholders to vote on directors' remuneration; the Environment
Committee voted to cap emissions of medium combustion plants; and
Employment MEPs voted on measures to tackle the cost of undeclared work.
11 May: European Parliament Committee Meetings
11-12 May: High-level meeting on disability
11 May: Eurogroup
11 May: Agriculture and Fisheries Council
12 May: Economic and Financial Affairs Council
13 May: Commission to adopt European Agenda on Migration
The Week Ahead
Other news on EUbusiness this week
Greece feta row threatens EU-Canada deal 7-May
Switzerland willing to join EU refugee quota scheme 6-May
EU must protect rights of deported migrants: watchdog 6-May
Only 60 Europeans now missing in Nepal quake 4-May
EU, NATO try to counter Russian propaganda 2-May
Turkmen gas could reach Europe through Iran 1-May
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