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Europe Daily Bulletin No. 8283

26 August 2002
Contents Publication in full By article 13 / 26
GENERAL NEWS / (eu) eu/state aid
Commission notes Italian tax relief in favour of banking foundations is not State aid

Brussels, 26/08/2002 (Agence Europe) - The European Commission has ruled that tax measures introduced by Italy in 1998 and 1999 in favour of banking foundations are not subject to Community rules on State aid. The Commission considers that the activity of managing own assets and using the proceeds to donate grants to not-for-profit entities is not an economic activity. Banking foundations are therefore not considered as undertakings within the meaning of the relevant EU rules.

The tax...

Contents

THE DAY IN POLITICS
: Dear subscriber, until August 31, the bulletin will be published on a regular basis but in a reduced version
(EU) COUNCIL OF EUROPE: Parliamentary mission in Chechnya to assess prospects for a peaceful settlement to the conflict
(EU) EP/EPP-ED GROUP: European Ideas Network to be launched on 30 August at EPP/ED summer university at Oxford
(EU) EP/ASIA: Radicals take action on Vietnam and China
(EU) EU/CONVENTION: Various organisations call for real emphasis on health in Europe, strengthened social dimension and more effective action against discrimination
GENERAL NEWS
(EU) EU/SUSTAINABLE DEVELOPMENT: EU is determined to ensure success of second World Summit on Sustainable Development in Johannesburg
(EU) EU/JOHANNESBURG SUMMIT: Gôran Persson to present position of European Socialists on sustainable development
(EU) EU/JOHANNESBURG SUMMIT:
(EU) EU/ECONOMY/FRANCE:
(EU) EU/TRANSPORT:
(EU) EU/JUSTICE: Overview of issues under discussion and proposals expected after the summer recess - Projections for first Council meetings
(EU) EU/STATE AID: Commission declares Biscaye tax system is illegal
(EU) EU/STATE AID: Commission notes Italian tax relief in favour of banking foundations is not State aid
(EU) EU/ENLARGEMENT: Slovenia to accelerate its privatisation process
(EU) EU/TELECOMMUNICATIONS: Commission said to be about to authorise T-Mobile and MMO2 to share the cost of setting up UMTS infrastructure in the UK
(EU) EU/COMPETITION: Commission clears acquisition of TRW ASG by Goodrich
(EU) EU/COMPETITION: European Commission urged to review merger between E.ON and Ruhrgas
(EU) EU/EURO: Italy would like one euro note to combat inflation
(EU) EU/IRELAND: Commission proposes making a contribution of EUR 30 million over two years to International Fund for Ireland
(EU) EU/COLOMBIA: President Alvaro Uribe calls on EU to help Colombia fight drugs
(EU) EU/TOURISM: Stability of tourism flows in the European Union
(EU) EU/ENERGY: 4% decline in greenhouse gases in the EU, where 6% of energy consumed comes from renewable sources
(EU) EU/ENERGY: Gas producers to meet in Algiers to discuss impact of "gas" directive
(EU) EU/POVERTY: Economic development impossible without secure affordable energy, says IEA Executive Director Robert Priddle
(EU) EU/SUSTAINABLE DEVELOPMENT: Copa and Cogeca call for conclusions in Johannesburg to be compatible with Doha process
€ VALUE IN DIFFERENT CURRENCIES ON 26/08/2002: