EUbusiness Week 512 top stories: Bailout turmoil weighing on growth, warns EU; New eurozone mechanism implicates private investors; EU to toughen rules on air freight; First EU chemicals database shows 400 dangerous substances; EU probes French digital TV channel allocations; Russia overflight fees to end with WTO accession
This Week’s Top Stories
1. Bailout turmoil weighing on growth, warns EU
2. New eurozone mechanism implicates private investors
3. EU to toughen rules on air freight
4. First EU chemicals database shows 400 dangerous substances
5. EU probes French digital TV channel allocations
6. Russia overflight fees to end with WTO accession
Publisher’s Note
Europe has formally opened an antitrust probe into Google, after rivals accused it of rigging the online search market. Smaller companies accuse the Internet king of “unfavourable treatment” in both unpaid and sponsored search results, and “preferential placement” of Google’s own services, such as YouTube, book-scanning and telephony.
Google holds more than 90 per cent of Europe’s search market, says Competition Commissioner Joaquin Almunia, so it is right that his department should monitor closely companies that might abuse their dominant position. However, it is not right that firms such as comparison sites, who exist on the back of search engines and are often an obstacle to searchers finding what they are want, should receive preferential treatment.
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Regards,
Nick Prag
Publisher, EUbusiness
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1. Bailout turmoil weighing on growth, warns EU
The European Union warned Monday that the turmoil over eurozone debt is now a threat to growth, which will slow next year, as markets gave a cool response to Ireland’s rescue.
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Euro crisis serious, but Ireland to recover: IMF chief
2. New eurozone mechanism implicates private investors
A new eurozone facility to take effect in mid-2013 would for the first time engage private investors in the rescue of countries in financial jeopardy, but only on a case by case.
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3. EU to toughen rules on air freight
The Commission plans to toughen security controls for air freight in the wake of last month’s parcel bombs scare, Transport Commissioner Siim Kallas said on Monday.
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4. First EU chemicals database shows 400 dangerous substances
More than 400 chemicals that cause cancer, mutations or reproductive problems are being used in the European Union, says the European Chemicals Agency said in Helsinki.
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5. EU probes French digital TV channel allocations
EU competition authorities are questioning France’s allocation of digital space for extra channels to some of its biggest commercial broadcasters.
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6. Russia overflight fees to end with WTO accession
Russia’s “discriminatory charges” levied on European airlines for their right to fly over Siberia will be dropped after the country joins the WTO, an EU official said on Monday.
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EUROPEAN CASE LAW
Traffic offences: motorists who commit traffic offences when driving in another EU Member State will be prosecuted by that country under new plans announced by the Commission.
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Latest Court of Justice judgements
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Inside the EU Institutions
Council Watch
Ireland: the euro sank to a two-month low Monday in a nervous first reaction to the multibillion-dollar bailout for Ireland that European governments hoped would steady the currency.
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EU looks to make banks share burden in future bailouts
Africa, EU reach out for economic tie-up in troubled times
Council …
Commission Watch
Unspent aid: the Commission has defended the EU from newspaper accusations that hundreds of billions of euros intended for use aiding poorer parts of the Union were lying idle.
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EIB opens Western Balkans regional office in Belgrade
EU warns of extremist ‘upsurge’ across Europe
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Euro-Parliament Watch
Committee meetings this week. Under new EU rules approved by the Legal Affairs Committee, divorcing international couples will soon be able to choose which EU country’s law governs their divorce; the Budgets Committee has backed EU aid under the Globalisation Adjustment Fund to workers in Spain, Poland and Netherlands. There was also last-minute agreement between Parliament and Council on bus passenger rights.
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EU diary
29 Nov-10 Dec, Cancun UN Conference on Climate Change
2-3 Dec, Transport, Telecommunications and Energy Council
2-3 Dec, Justice and Home affairs Council
6 Dec, Eurogroup
7 Dec, EU-Russia Summit
The Week Ahead
Long-term diary
RESOURCES
EU Law Firms
Summaries of EU Legislation
EU Decision-Making
Treaties of the European Union
Key EU Legal Terms
Other news on EUbusiness this week
Multinationals ‘receiving millions’ in EU subsidies 2-Dec
Eurozone debt crisis drives radical ideas for salvation 2-Dec
EU tallies post-crisis aid for banks at EUR 4.5tn 1-Dec
S&P warns on risk of Portugal credit downgrade 30-Nov
Mixed progress in European gay rights: agency 30-Nov
Three new energy research infrastructures green light 30-Nov
