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Europe Daily Bulletin No. 8110
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GENERAL NEWS / (eu) eu/state aid

Tax advantages granted to Italian banks are incompatible with Community State aid rules

Brussels, 11/12/2001 (Agence Europe) - On Tuesday, the European Commission decided that tax measures for banks introduced by an Italian law of December 1998 and the related Legislative Decree of 17 May 1999 are incompatible with the Community State aid rules. The tax advantages in question concern merger and restructuring operations carried out between 1998 and 2004. The Commission considers that the banks taking part in such operations benefited from discriminatory competitive advantages....

Contents

THE DAY IN POLITICS
(EU) EU/EP/COMMISSION PROGRAMME: Before MEPs irritated at a "unilateral' change in the method, Romano Prodi stresses "political" nature of Commission's work programme and desire to work with Parliament
(EU) EU/DEFENCE: Greece still wants to amend Istanbul Agreement
(EU) EU/DISARMAMENT: Council sets out initiatives to be developed concerning terrorist effects on disarmament policy - Regret for deadlock in conference on biological weapons
(EU) EP/ENLARGEMENT: Presidents of national parliaments of candidate countries announce "very active participation" in preparing IGC
(EU) EU/LAEKEN SUMMIT/CIVIL SOCIETY: EU Citizens' Assembly on 13 December - Representatives of civil society should be received by Verhofstadt, Aznar and Prodi
GENERAL NEWS
(EU) EU/JUSTICE: Italy agrees to European arrest warrant
(EU) EU/FRAUD: Green Paper on setting up of European Prosecutor
(EU) EU/ENVIRONMENT: Commission proposes to broaden scope of Seveso II Directive
(EU) EU/ENVIRONMENT COUNCIL: Political agreements in view of public participation in environmental projects, and petrol without sulphur - political debate on future CO2 emissions market
(EU) EU/FOOD: Parliament sets out criteria for designating headquarters of European Food Safety Authority
(EU) EP/BUDGET 2002: Carlos Costa Neves says 2002 Budget deserves EP approval on Thursday
(EU) EU/TELECOMMUNICATIONS: Glimmer of hope on eve of vote on "telecom package"
(EU) EU/FISHERIES: Commission proposes measures for rebuilding endangered cod and hake stocks
(EU) EU/FISHERIES: Commission proposes TACs for deep water species
(EU) EU/HUNGARY/AGRICULTURE: Commission simplifies arrangements for imports into Europe of fruit and vegetables from Hungary
(EU) EU/RESEARCH: Busquin regards as "excellent" agreement Council reached on 6th Research Framework-Programme
(EU) EU/TRANSPORT: Council reaches political agreement on aviation security and instructs Commission to prepare additional measures
(EU) EU/COMPETITION: Commissioner Monti presents his "Green Paper"
(EU) EU/COMPETITION: Five German banks receive fines
(EU) EU/STATE AID: Tax advantages granted to Italian banks are incompatible with Community State aid rules
(EU) EU/COMPETITION: Fines for zinc phosphate price agreements
(EU) EU/REGIONAL POLICY: Green light for 2 Leader+ programmes in Italy
(EU) EU/CITIES: Three URBAN programmes endorsed for Germany
(EU) EU/CITIES: URBAN II programme for Wales
(EU) EU/REGIONAL POLICY: INTERREG programmes for Ireland and Wales
(EU) EU/EIB: EIB increases contribution to TGV-Est Europe to EUR 510 million
(EU) COUNCIL OF EUROPE: European Court of Human Rights misses opportunity to strengthen protection of individuals against torture
(EU) EU/HEALTH: At present time, nothing justifies fears about the effects of portable phones on human health
(EU) EU/FOOD:
VALUE OF THE EURO IN DIFFERENT CURRENCIES 11/12/2001: