EUbusiness Week 592 top stories: Europe faces drawn-out, painful economic recovery; Development banks launch EUR 30bn plan for E.Europe; EU probes subsidies for Chinese solar panel makers; EU and Latin America settle banana dispute; EU looks at easing visas for Russians, Chinese; EU awards first Marie Curie research prizes
This Week’s Top Stories
1. Europe faces drawn-out, painful economic recovery
2. Development banks launch EUR 30 bn plan for E.Europe
3. EU probes subsidies for Chinese solar panel makers
4. EU and Latin America settle banana dispute
5. EU looks at easing visas for Russians, Chinese
6. EU awards first Marie Curie research prizes
Publisher’s Note
Green cars are the way forward, said Commissioner Antonio Tajani this week, launching the CARS 2020 initiative to boost the competitivity of Europe’s car industry.
In addition to action to address the immediate problems afflicting the car sector, the Commission is proposing a big innovative push in research and innovation under the ‘Green Vehicle Initiative’, better access to credit for SMEs, and an EU standard recharging interface to facilitate a breakthrough for large-scale electric car production.
With 12 million jobs depending on the sector, the auto industry is vital for Europe’s economy. The EU is now in a battle to maintain a world-class car industry, as well as to produce energy efficient and safe vehicles globally.
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Regards,
Nick Prag
Publisher, EUbusiness
PUBLIC TENDER – MACEDONIA Granting of state-owned agricultural land under lease – Public Notice, Ministry of Agriculture, Forestry and Water Economy in Macedonia |
1. Europe faces drawn-out, painful economic recovery
Europe’s economic prospects have dimmed considerably, new EU forecasts showed Wednesday, pointing to a drawn-out and painful recovery before any return to growth.
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France maintains growth forecast despite EU estimate
2. Development banks launch EUR 30 bn plan for E.Europe
Three major international development banks on Thursday announced investment plans of more than 30 billion euros to boost economic growth in central and south-eastern Europe over the period 2013-14.
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3. EU probes subsidies for Chinese solar panel makers
The Commission has opened a fresh probe into Chinese solar panel makers, raising the heat in the latest tit-for-tat dispute between China and its Western trading partners.
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4. EU and Latin America settle banana dispute
The European Union and 11 South American countries on Thursday signed an agreement at the World Trade Organization that settles eight trade disputes over bananas.
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5. EU looks at easing visas for Russians, Chinese
With newly-affluent Russians and Chinese queuing up to tour the EU, Brussels is urging European nations to facilitate travel visas to help spur badly-needed economic growth.
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6. EU awards first Marie Curie research prizes
Greek, British and Israeli scientists on Monday received the Commission’s first Marie Curie prizes for scientific research.
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EUROPEAN LAW
Wine: the European Court of Justice has rejected a lawsuit brought by Hungary against Slovakia over the disputed naming of wines from the Tokaj region along the countries’ border.
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Court blasts Hungary over forced retirement of judges
Latest Court of Justice judgements
EU Law Firms
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Inside the EU Institutions
Council Watch
US elections: EU leaders on Wednesday congratulated Barack Obama for his reelection to the White House, saying they look forward to boosting ties with the United States and cooperating on global challenges.
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G20 presses Europe, US to fix fiscal challenges
Nearly half of Britons would vote for EU exit: poll
Council …
Commission Watch
Erasmus: famous Europeans ranging from footballers to philosophers have called on the European Union to save the Erasmus student exchange programme in an open letter ahead of finance ministers’ key EU budget meeting.
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Auditors criticise EU for lax controls on spending
EU staff strike against budget cuts
Commission …
Parliament Watch
UK: German Chancellor Angela Merkel told Euro-MPs Wednesday that she wanted a strong Britain in the EU, just hours ahead of expected tough talks in London on the 2014-20 budget.
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EU calls on Ukraine to publish final election results
In committee this week, MEPs called for bans on exports of information technology to repressive regimes, approved measures to safeguard the interests of vulnerable EU banana producers, rejected further liberalisation of airport ground-handling services, and said EU aid to redundant workers should continue after 2014.
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EU diary
9 Nov, Economic and Financial Affairs Council (Budget)
15 Nov, Commission communication on internal energy market
19-22 Nov, European Parliament plenary session
19 Nov, Foreign Affairs Council
22-23 Nov, European Council
22-23 Nov, Equality summit 2012
26-27 Nov, Education, Youth, Culture & Sport Council
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
IMF warns of political limits to austerity 8-Nov
ECB unveils launch of new euro banknotes in May 8-Nov
China imposes duties on steel tubes from EU, Japan 8-Nov
More gloom for Germany as trade surplus shrinks 8-Nov
France unveils 20-billion-euro business tax break 6-Nov
Asia-Europe leaders reject trade protectionism 6-Nov
Russian mafiosi ‘would benefit from Cyprus bailout’ 5-Nov
