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Europe Daily Bulletin No. 8989

13 July 2005
Contents Publication in full By article 10 / 32
GENERAL NEWS / (eu) eu/ecofin
Italy has until 2007 to correct its excessive deficit

Brussels, 12/07/2005 (Agence Europe) - Tuesday's Ecofin Council reached a political agreement noting the existence of excessive deficit in Italy and recommending that Rome bring its deficit down to below the 3% mark by 2007. It is on the basis of the recast rules of the Stability and Growth pact (SGP) that the draft Council decision (104§6) and recommendation (104§7) will be adopted informally by written procedure after entry into force of SGP reform. EU finance ministers therefore...

Contents

A LOOK BEHIND THE NEWS
A Look Behind The News, by Ferdinando Riccardi: A few lessons from the Luxembourg Presidency of the Council
THE DAY IN POLITICS
(EU) EU/SERBIA AND MONTENEGRO: Commission proposes negotiation mandate on Stabilisation and Association Agreement (SAA)
(EU) EU/UK PRESIDENCY: Jack Straw calls for fight against terrorism to be stepped up - No consensus on UN reform
(EU) EU/RELIGIONS:
(EU) EU/BOSNIA-HERZEGOVINA: EUFOR commander speaks of “shame” of international community's absence ten years ago and need to go beyond Dayton
(EU) EU/BOSNIA-HERZEGOVINA: Serbian president at Srebrenica commemoration - Greens protest against Jack Straw's failure to represent EU
(EU) EU/CONGO: International donors and DRC government promise further EUR 84 million to support electoral process
(EU) EU/SUDAN: EU welcomes Declaration of Principles for resolution of Sudanese conflict in Darfur as important step in right direction
GENERAL NEWS
(EU) EU/EUROGROUP: Euro zone ministers agree on Italy's excessive deficit and stress risk of France and Germany also sliding
(EU) EU/ECOFIN: Italy has until 2007 to correct its excessive deficit
(EU) EU/ECOFIN: Council endorses Portugal's updated stability programme to bring deficit below 3% in 2008
(EU) EU/MARITIME POLLUTION: New legislation is adopted on sanctions against maritime pollution
(EU) EU/COUNTERFEITING: Commission produces two new proposals for making counterfeiting and piracy criminal infringements
(EU) EU/COMPETITITON:
(EU) EU/BUDGET 2006: Council to decide at first reading to reduce payment appropriations by more than one billion EUR
(EU) EU/COMPETITIVENESS/RESEARCH: Janez Potocnik and Chris Patten press for independent European Research Council - Cut in funding will mean sacrifices
(EU) EU/EDUCATION: Vocational training at centre of London informal ministerial meeting
(EU) EU/AUDIOVISUALS: Commission enters final phase of consultations on modernisation of legislation on audiovisual content
(EU) EU/MOROCCO: Negotiation directives for fishing agreement
(EU) EU/AGRICULTURE: Most Member States able to accept sugar reform
(EU) EU/AGRICULTURE: Council programme for last six months of year - sugar reform, WTO and veterinary policy
(EU) EP/SERVICES: MEPs express willingness to reach compromise on “services” directive
(EU) EP/MEDICINES: MEPs want open compulsory licence system to ensure poor countries have access to medicines
(EU) EP/HEALTH: MEPs call for more effort to help rheumatism sufferers
(EU) EU/RESEARCH/HEALTH:
(EU) EU/DEVELOPMENT: ERA calls on EU finance ministers to assume responsibility concerning voluntary contribution to air fares
(EU) COURT OF JUSTICE: France is to pay lump sum of EUR 20 million and half-yearly penalty payment of EUR 58 million for breach of obligations in fisheries sector
(EU) EU/STATE AID:
(EU) COURT OF JUSTICE: Court reminds German jurist complaining of tough law studies of limits of its powers
(EU) EU/COMMITTEE OF THE REGIONS: State aid rules for airports should be more flexible, Committee of Regions states
(EU) EU/EIB: EUR 75 million loan to Aquafin for water management in Flanders
€ VALUE IN DIFFERENT CURRENCIES ON 12/07/2005: