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Europe Daily Bulletin No. 8503

12 July 2003
Contents Publication in full By article 20 / 50
GENERAL NEWS / (eu) eu/ecb
ECB refuses any flexibility on short term interest rate policy

Brussels, 11/07/2003 (Agence Europe) - Given positive inflation levels, the European Central Bank (ECB) on Thursday decided to keep rates unchanged. The minimum bid rate applied to main refinancing operations will therefore remain at 2% and the interest rates on the marginal lending facility and the deposit facility will remain unchanged at 2.00%, 3.00% and 1.00% respectively. In his introductory speech, Mr Duisenberg President of the ECB explained, "We have concluded that the current...

Contents

A LOOK BEHIND THE NEWS
: A page in the history of Europe? Valéry Giscard d'Estaing issues a warning
THE DAY IN POLITICS
(EU) EU/GREAT LAKES: Solana goes to African Great Lakes region and visits HQ of Artemis operation in Bunia
(EU) EU/BURUNDI: EU reacts to recent military attacks in Bujumbura
(EU) EU/HAITI: EU doubts the Haitian government's resolve to ensure professionalism of police
(EU) EU/CONVENTION: Four Convention Members launch petition for referendum on future Treaty
(EU) EU/CONVENTION: Euratom Treaty will remain outside Union Constitution - Greens and environmental defence NGOs are pleased
(EU) EU/UKRAINE: Commission repeats how attached it is to freedom of the press
(EU) EP/GERMANY: Cohn-Bendit deplores fact that Schroeder has cancelled his holiday in Italy because of Stefani's "moronic remarks"
(EU) EP/LAOS:
GENERAL NEWS
(EU) EU/USA/STEEL: WTO points to illegality of US safeguard measures - EU satisfaction
(EU) EU/MIDDLE EAST:
(EU) EU/INDIA:
(EU) EP/AGRICULTURE/ENLARGEMENT:
(EU) EU/ECOFIN COUNCIL: On Tuesday Ministers to examine initiative for growth and recommend Mr Trichet' appointment as Head of ECB
(EU) FINANCIAL SERVICES: Commission confirms its fears about IAS 32 and 39 standards as well as process for adopting IASB standards
(EU) EU/SOCIAL AFFAIRS: Anna Diamantopoulou wants to boost social dimension of modernising pension systems - Focus on link between economic, social and employment policies - Agreement to combat undeclared work
(EU) EU/SOCIAL AFFAIRS: Very broad discussion of pensions and the black economy
(EU) EU/EUROPOL:
(EU) EU/AIR TRANSPORT:
(EU) EU/ECB: ECB refuses any flexibility on short term interest rate policy
(EU) EU/CORPORATE LAW: Spain and Luxembourg face Court for not having implemented directive on late payments
(EU) EU/AGRICULTURE: Commission to present reform proposals for Mediterranean products end September
(EU) EU/FISHERIES: EU and Guinea sign new fisheries protocol
(EU) EU/STATE AID: Commission raises questions about legality of inter-trade contributions to the benefit of the French association, Interbev
(EU) EU/PRESIDENCY/EDUCATION: Optimal use of European human resources and European competitiveness will be top priorities for Letizia Moratti
(EU) EU/PRESIDENCY/JHA: Priorities of Italian Justice Minister
(EU) EU/ECONOMY/ECB:
(EU) EU/AFRICA: Romano Prodi raises option of helping Africa establish its own peace-keeping force
(EU) EU/TAXATION: Proceedings launched against Germany, Austria and France concerning investment funds
(EU) EU/INTERNAL MARKET: Eight Member States referred to Court for failure to implement Directive on biotechnological inventions
(EU) EU/INFORMATION SOCIETY: Commission assesses state of play and interoperability for information society services
(EU) EU/COMPETITION: EU And Japan sign cooperation agreement
(EU) EU/COMPETITION: Commission approves acquisition of Alstom's gas and steam turbine business by Siemens
(EU) EU/COMPETITION: Bosch authorised to acquire Buderus
(EU) EU/COMPETITION:
(EU) EU/COMMISSION: European Movement welcomes Pier Dastoli
(EU) EU/EIB: Loan for technical rehabilitation of five Moroccan ports
(EU) EU/COURT OF FIRST INSTANCE: Asian Institute of Technology (Thailand) does not specify injury caused by contract between alleged director of its R&D department and Commission
(EU) EU/INFORMATION: Commission extends EUROPE DIRECT service
(EU) UE/CALENDAR: main European activities from 12 - 22 July 2003
ECONOMIC INTERPENETRATION
(EU) Privatisation:
(EU) Aluminium:
(EU) Chemicals:
(EU) Household appliances:
(EU) Telecom equipment:
(EU) Technical building equipment:
(EU) Car parts:
(EU) Information technology:
(EU) Press:
€ VALUE IN DIFFERENT CURRENCIES ON 11/07/2003: