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Europe Daily Bulletin No. 10745

6 December 2012
Contents Publication in full By article 4 / 30
ECONOMY - FINANCE - BUSINESS / (ae) state aid
Green light for emergency temporary bailout of HGAA

Brussels, 05/12/2012 (Agence Europe) - On 5 December the European Commission temporarily approved an emergency recapitalisation totalling €1.5 billion that Austria intends to grant to Hypo Group Alpe Adria (HGAA). The bank needs the aid to comply with regulatory equity ratios before the 31 December 2012 deadline set by the country's financial watchdog. Austria intends to (i) proceed with a capital increase of €500 million in the form of shares; and (ii) grant a state guarantee on...

Contents

A LOOK BEHIND THE NEWS
A Look Behind The News, by Ferdinando Riccardi: EU should distance itself from the period of pessimism - efforts to steer energy policy in a Community direction
ECONOMY - FINANCE - BUSINESS
(AE) COMPETITION: Record €1.47 billion fine on TV and computer cartels
(AE) STATE AID: Proposals to facilitate state aid system
(AE) STATE AID: Green light for emergency temporary bailout of HGAA
(AE) ECONOMY: Ministers oppose mentioning budget solidarity in SGP rules
(AE) GREECE: Greece gets two more years to reach primary surplus of 4.5%
(AE) ECONOMY: End of excess deficit proceedings against Malta
(AE) TAXATION:
(AE) BANKING:
SOCIAL AFFAIRS
(AE) SOCIAL: Commission proposes new measures on youth unemployment
INSTITUTIONAL
(AE) BUDGET: Schulz pushes for conditions to agreement on 2013 budget
(AE) ADMINISTRATION: 1.1% loss in purchasing power for EU officials
SECTORAL POLICIES
(AE) JHA: Greece and Italy worst underperformers in tackling corruption
(AE) JHA: Launch in Brussels of alliance against child pornography
(AE) JHA: Forthcoming debates on asylum and data protection at Council
(AE) TRANSPORT: Rail package - last nudges from rail sector
(AE) TRANSPORT: Legislative package being prepared for road tolls
(AE) TRANSPORT: IATA also criticises EU27's inertia on airport slots
(AE) CLIMATE: EU calls for action, poor countries call for funding
(AE) ENVIRONMENT: Aquaculture can fit in with respect for nature
(AE) AGRICULTURE: Commission makes progress on food chain
(AE) AGRICULTURE: Broader agreement with China to replace “10 + 10” project
(AE) REGIONS: Joint EIB and CoR support for local investments
EXTERNAL ACTION
(AE) SERBIA/KOSOVO: Agreement on border management
(AE) MONTENEGRO: European integration is top priority for Milo Djukanovic
(AE) ISRAEL: Ashton summons Israeli ambassador about settlements
(AE) BELARUS: EU called upon to maintain its sanctions
(AE) MACAU: Progress in fight against counterfeiting and piracy
(AE) RUSSIA: Liberalisation and reforms, promises not yet kept
(AE) PERU/COLOMBIA: Free trade leads to risk of illegal money trafficking