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Europe Daily Bulletin No. 10177
Contents Publication in full By article 20 / 28
GENERAL NEWS / (eu) eu/court of justice

Exercising special rights attributed to Portuguese state with its “golden shares” in Portugal Telecom constitutes restriction on free movement of capital

Brussels, 08/07/2010 (Agence Europe) - In the decision made on Thursday 8 July (Case C-171/08), the European Court of Justice ruled that the special rights attributed to the Portuguese state with the “golden shares” it holds in the capital of Portugal Telecom S.A. (PT) constitute a non-justified restriction on the free movement of capital. According to the ECJ, the 500 golden shares held by the state give the latter an influence in the management of PT, which is not justified by the...

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A LOOK BEHIND THE NEWS
A Look Behind The News, by Ferdinando Riccardi: A few reasons why we should have confidence in economic and monetary union
THE DAY IN POLITICS
(EU) EP/FOREIGN AFFAIRS: Parliament gives go-ahead to creation of European diplomatic service (EEAS)
(EU) EP/BALKANS: Albania and Kosovo urged to continue reform
(EU) EU/MIDDLE EAST: Paris confirms visit by five European foreign ministers to Gaza
GENERAL NEWS
(EU) EP/AGRICULTURE: European parliament defends strong, greener and fairer post-2010 common agricultural policy
(EU) EP/TRADE: Resumption of Mercosur farm talks raises great EP concern
(EU) EP/ENVIRONMENT: Parliament votes to ban illegal timber and wood products derived from such timber in EU - Adoption of regulation after summer break
(EU) EP/ENVIRONMENT: Parliament adopts second reading agreement on recast industrial pollution legislation
(EU) EP/ENERGY: Oettinger calls for moratorium on oil drilling in deep waters off Europe
(EU) EP/EMPLOYMENT: Parliament wants to encourage employment of young people
(EU) EP/JHA: In decision hailed by US President, Parliament approves Swift II
(EU) EP/BUDGET:
(EU) EP/JHA: Three MEPs seek Commission answers on immigrant expulsions
(EU) EU/JHA: Germany agrees to take two Guantanamo detainees
(EU) EU/FINANCIAL SERVICES: 91 banks set stress tests
(EU) EU/EMPLOYMENT-SOCIAL AFFAIRS COUNCIL: Employment and social dimension must play essential role in EU 2020 strategy
(EU) EU/RESEARCH: Belgian Presidency petitioned on simplification of administrative procedures for research programmes
(EU) EU/RESEARCH: Eight nutrition projects to promote EU 2020 strategy
(EU) EU/ECB: Concerns about eurozone means status quo for rates
(EU) EU/COURT OF JUSTICE: Exercising special rights attributed to Portuguese state with its “golden shares” in Portugal Telecom constitutes restriction on free movement of capital
(EU) EU/COURT OF JUSTICE: ECJ overrules Commission decision refusing access to documents on PKN/Unipetrol merger
(EU) EU/COMPETITION: Whirlpool can purchase “privileg” trade mark and rights and attached applications
(EU) EU/COMPETITION: Commission approves acquisition of Millipore by German company Merck
(EU) EU/MEDIA: European media business calls for sustainability of creative content to be ensured
(EU) EU/TAXATION: Commission suggests Latvia should benefit from exemption to common VAT system applying to small businesses
(EU) EU/ADMINISTRATION: €26 million for electronic cooperation between European public administrations
(EU) EU/LEGISLATION: Main acts published in EU Official Journal
€ VALUE IN DIFFERENT CURRENCIES ON 08/07/2010: