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Europe Daily Bulletin No. 8888
Contents Publication in full By article 33 / 41
GENERAL NEWS / (eu) eu/ecb

Changes to Eurosystem's operational framework for monetary policy helps to stabilise money market participants

Brussels, 14/02/2005 (Agence Europe) - In its February issue, the monthly magazine of the European Central Bank (ECB) provided an assessment of the changes to Eurosystem's operational framework as part of its effort to implement monetary policy. Under the old system, credit institutions experienced changes in the cost of obtaining liquidity during a reserve maintenance period as a result of a decision by the ECB on interest rates. Speculation by credit institutions on rates was often due to...

Contents

A LOOK BEHIND THE NEWS
A Look Behind The News, by Ferdinando Riccardi: Services: European Parliament rapporteur takes apart “principle of country of origin”, the basis of draft Bolkestein directive
THE DAY IN POLITICS
(EU) EU/FYROM: Skopje expects accession negotiations in 2006 and accession in 2010 - It is “too early to speculate about dates”, says Mr Barroso
(EU) EU/GEORGIA: Luc Frieden to visit Georgia on 16 February
(EU) EU/LEBANON: Mr Solana condemns assassination of Rafic Hariri
(EU) EU/CROATIA: Ms Del Ponte's recommendation on cooperation between Croatia and ICTY will be decisive on whether to begin accession negotiations
(EU) EU/NATO: Gerhard Schroeder does not consider NATO meets new transatlantic dialogue requirements
(EU) EU/IRAQ:
(EU) EU/IRAN: Tehran rejects European proposal on tehnological cooperation in exchange for definitve suspension of its nuclear programme - “piloting committee” end of March
(EU) EU/AZERBAIJAN: European Union concern about numerous accusations of torture
(EU) EU/CONSTITUTION/SPAIN:
GENERAL NEWS
(EU) EU/DEVELOPMENT: Ministers to examine proposal on aviation fuel tax to fund development aid - Commission limited to drawing up inventory of possible instruments
(EU) EU/TSUNAMI: Commission sends experts to identify reconstruction programmes in Asia's devastated areas
(EU) EU/INTERNAL MARKET/COMPETITION: Oral response of Bank of Italy does not satisfy Commission
(EU) EU/INDUSTRY/ENVIRONMENT: Commission welcomes spontaneous commitment by packaging producers to use environmental-friendly plastics
(EU) EU/COMMUNICATION: Commission prepares “public relations” policy to connect with its citizens, Ms Wallström announces - Listening to people's worries, using simpler language
(EU) EU/SPACE: “Space at service of citizen”: message of this Earth and Space Week in Brussels - European Constitution in space
(EU) EU/TRANSPORT: 1.4 million EUR to raise seatbelt awareness among children
(EU) EU/FISHERIES: Cod fishing in Baltic Sea comes under tighter control
(EU) EU/ENVIRONMENT: Commissioner Dimas welcomes entry into force of directive on public access to environmental information (first chapter of Aarhus Convention) - European Environment Bureau calls for ratification of Convention by EU to be postponed
(EU) EU/FISHERIES/MEDITERRANEAN: Speaking in Italy Borg highlights need to protect fish resources in Mediterranean
(EU) EP/CLMATE CHANGE: Greens celebrate entry into force of Kyoto Protocol on 16 February
(EU) EU/TRANSPARENCY: Jens-Peter Bonde pleased that all Commission work groups have been published
(EU) EP/TRADE/DEVELOPMENT:
(EU) EU/EESC/SERVICES: EESC adopts critical but constructive recommendation on draft directive on internal market services
(EU) EU/SOCIAL AGENDA/PUBLIC COMPANIES: CEEP welcomes Commission text but advises against new mechanisms in social dialogue
(EU) EU/LISBON STRATEGY: According to Philippe Herzog from Confrontations Europe, president Barroso's communication “is off target” and the Commission's programme therefore needs modifying
(EU) EU/LISBON STRATEGY/SOCIAL: ATD Quart Monde accuses Commission of neglecting 68 million people in Europe living in poverty and social exclusion
(EU) EU/INTERNAL MARKET/PUBLISHING:
(EU) EU/CORRUPTION: Commissioner Kallas prepared to cooperate with Transparency International
(EU) oecd/terrorism: FATF welcomes China as observer - Cook Islands and Philippines no long non-cooperative countries
(EU) EU/LISBON STRATEGY/YOUNG ENTREPRENEURS:
(EU) EU/COURT OF JUSTICE:
(EU) EU/ECB: Changes to Eurosystem's operational framework for monetary policy helps to stabilise money market participants
(EU) EU/TAXATION:
(EU) EU/OECD/UNEMPLOYMENT:
(EU) EU/AUDIOVISUAL: Twelve films supported by MEDIA competing at Berlin Film Festival
(EU) EU/MEDICINE: Generics manufacturers becoming EU's main producers of medicines
(EU) EU/MEDICINE:
(EU) EU/INSTITUTIONS/WHO'S WHO:
WEEKLY SUPPLEMENT
European Library: No. 629
€ VALUE IN DIFFERENT CURRENCIES ON 14/02/2005: