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Europe Daily Bulletin No. 8403

19 February 2003
Contents Publication in full By article 12 / 23
GENERAL NEWS / (eu) eu/economy

18/02/2003 (Agence Europe) - According to the German daily, Boersen-Zeitung, the Commission will be in favour of a cut in interest rates involving all the major central banks in the world in the event of a war in Iraq undermining the economic situation. This suggestion figured in a Commission internal technical document given to EUROGROUP on Monday evening.

Contents

THE DAY IN POLITICS
(EU) EU/EUROPEAN COUNCIL/IRAQ: Fifteen adopt conclusions confirming that war is not inevitable but allow that force could be used if Iraq does not fully co-operate at short notice - EU insists on rapid implementation of roadmap on Israeli-Palestinian conflict
(EU) EU/CONVENTION/RACISM:
(EU) EP/EUROPEAN COUNCIL/IRAQ: Satisfaction about signal for unity launched by EU - with some qualifications - don't ignore public opinion - criticism of Jacques Chirac for admonishing candidate countries
(EU) EU/CONVENTION: Mr Lamassoure's initiative on Union's geographic borders
(EU) EP/CONVENTION: "No real political Europe with twenty-five", states Mr Bourlanges, who suggests a Franco-German agreement "open to all"
(EU) EU/CONVENTION/COMMISSION: President Prodi opens public internet debate
(EU) EU/IRAQ/CANDIDATE COUNTRIES: Candidates rally to Fifteen's conclusions on Iraq, which become "common position of enlarged Europe" - candidates' criticism following Chirac's comments
GENERAL NEWS
(EU) EU/EUROGROUP: Twelve willing to coordinate action in event of prolonged rise in oil prices - Divergence overcome on degree of flexibility of Stability Pact and concerns about growth
(EU) EU/ECOFIN: Council suggests United Kingdom should tend toward budgetary position balanced in medium term - Commission declaration
(EU) EU/ECOFIN: Only France and United Kingdom support Commission's suggestion to authorise slight deterioration in budgetary position
(EU) EU/ECOFIN: Disagreement continues on energy taxation - Last lap of negotiations with Switzerland on savings taxation - Agreement on VAT and Lamfalussy procedure
(EU) EU/ECONOMY:
(EU) EU/STABILITY PACT: Commission prepares to caution Portugal on overspending in 2003
(EU) EP/STATE AID/EMPLOYMENT: Chris Huhne accuses Pirelli of receiving unlawful assistance from the Italian government to create jobs in Battipaglia at the expense of the Eastleigh site
(EU) EU/STATE AID: negative decision for Belgian, Dutch and Irish tax systems
(EU) EU/COMPETITION: Mr Monti explains role of competition in airline sector, car distribution and sports events
(EU) EU/REGIONAL POLICY:
(EU) EU/RUSSIA: Romano Prodi goes to Russia
(EU) EU/TRANSPORT: Meeting between European and American officials on protection of air passenger data
(EU) EU/JUSTICE: Commission green paper on standardisation of suspects' rights in penal matters
(EU) EU/COURT OF JUSTICE: Should Advocate General Ruiz-Jarabo have noted conflict of interest when he gave his conclusions in Spanish Golden Share case?
(EU) EU/EUROJUST:
ECONOMIC INTERPENETRATION
€ VALUE IN DIFFERENT CURRENCIES ON 18/02/2003: