login
login

Europe Daily Bulletin No. 8960

3 June 2005
Contents Publication in full By article 14 / 30
GENERAL NEWS / (eu) eu/ecb
Interest rates in euro zone unchanged but ECB reviews growth forecasts downward - Trichet makes no comment on rejection of Constitution but stresses need for confidence-building

Brussels, 02/06/2005 (Agence Europe) - The Governing Council of the European Central Bank (ECB) decided on Thursday to leave euro zone interest rates unchanged, at the same level as for the last two years. The minimum tender rate applied to key refinancing operations therefore remains at 2%, that for the marginal lending facility at 3% and that for the deposit facility at 1%. This “unanimous” decision by the Governing Council can be explained, according to Jean-Clmaude Trichet, by the...

Contents

A LOOK BEHIND THE NEWS
A Look Behind The News, by Ferdinando Riccardi: Jean-Claude Juncker's double strategy in effort to put European construction back on track
THE DAY IN POLITICS
(EU) EU/CONSTITUTION/NETHERLANDS: After the Dutch 'No' vote four days after the French 'Non', Jean-Claude Juncker says he will unveil proposals at 16/17 June European Council to 'prove that Europe is working' - 'Europe goes on' say Juncker, Borrell and Barroso - Jean-Claude Juncker and Josep Borrell say all countries of Europe should be allowed to express their views
(EU) EU/CONSTITUTION: Latvia has ratified
(EU) EU/EUROMED: Euromed zone countries confirm their attachment for sound framework provided by Barcelona Process despite differences over detail, especially regarding political dialogue arrangements
(EU) EP/LEBANON: Election observation mission ensures first ballot last weekend unfolds in generally acceptable conditions
(EU) EP/GUINEA BISSAU: Johan Van Hecke heads EU observer mission
GENERAL NEWS
(EU) EU/FINANCIAL PERSPECTIVES: Presidency unveils new compromise Financial Perspectives 2007-2013
(EU) EU/JHA COUNCIL: Commission to withdraw proposal defining and sanctioning racism - some progress on data retention - 20th anniversary of Schengen
(EU) EU/TRADE: EU submits improved offer in WTO negotiations on services - call to partners to do likewise
(EU) EU/EMPLOYMENT COUNCIL: Biltgen says no advance but no steps back either on amended proposal on aspect of working time changes - given the desire, most Member States want compromise, presidency in charge of Coreper follow-up dossier
(EU) EU/SOCIAL COUNCIL/EMPLOYMENT: Political agreement on certain aspects of rail workers' working time
(EU) EU/EMPLOYMENT COUNCIL/SOCIAL:
(EU) EU/DEVELOPMENT: Contribution on air tickets is met with broad opposition within College
(EU) EU/ECB: Interest rates in euro zone unchanged but ECB reviews growth forecasts downward - Trichet makes no comment on rejection of Constitution but stresses need for confidence-building
(EU) EU/MOROCCO:
(EU) EU/COMPETITION:
(EU) EU/AGRICULTURE: Presidency continues its work for June agreement on new rural development funds
(EU) EU/CLIMATE: Commissioner Stavros Dimas wants G8 in Gleneagles to propose concrete action plan
(EU) EU/STATE AID: Green light for restructuring of Izar's military shipyards
(EU) EU/STATE AID: Green light for French tax breaks for takeovers of ailing industrial firms
(EU) EU/STATE AID: Commission endorses public funding to bridge broadband communications gap in Wales
(EU) OECD/FATF:
(EU) EP/SERVICES:
(EU) EU/TAXATION/VAT: Business divided over changes to place of taxation for some consumer services
(EU) EU/UNITED STATES: AmCham concerned at 'lack of progress in Doha multilateral negotiations and calls for greater political leadership
(EU) EU/EIB: EIB opens regional representation for Central and East Africa
(EU) EU/EIB: EIB global loan to Banca Intesa for small infrastructure projects in Italy
(EU) EU/EIB: EUR 150 million loan for upgrading drinking water supply and sewage treatment systems of Greater Lyon
(EU) EU/EIB: EUR 150 million for improvement of research and higher education infrastructure in Finland
€ VALUE IN DIFFERENT CURRENCIES ON 02/06/2005: