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Europe Daily Bulletin No. 9067

15 November 2005
Contents Publication in full By article 27 / 43
GENERAL NEWS / (eu) eu/financial services
Commission's report on cross-border consolidation in financial sector proposes changes to banking and insurance directives

Brussels, 14/11/2005 (Agence Europe) - As previously indicated, the European Commission has proposed solutions to create a more favourable environment for cross-border mergers in the financial sector. In its report, which was presented to the Ecofin Council on 8 November, it analyses the situation within this sector between 1999 and 2004 and the main obstacles to cross-border consolidation, and puts forward elements of possible responses at European level (see EUROPE 9064). Here are the...

Contents

A LOOK BEHIND THE NEWS
A Look Behind The News, by Ferdinando Riccardi: Step back from idea that free trade can cure all ills
THE DAY IN POLITICS
(EU) EU/BALKANS: Olli Rehn welcomes 'emerging consensus' on reforming Bosnia Herzegovina's Constitution - Encouraging words for FYROM
(EU) EU/CFSP: Martti Ahtisaari says more money is needed for civilian crisis management, welcoming suggestions on Kosovo
(EU) EU/MIDDLE EAST:
(EU) EU/EUROMED/MIDDLE EAST: Javier Solana's vision
(EU) EU/DEMOCRATIC REPUBLIC OF CONGO: European Commission provides more aid for election process
(EU) EU/COUNCIL OF EUROPE/EU: Debate with Jean-Claude Juncker
(EU) EP/FIRST WORLD WAR: Heads of 5 political parties say European project brought peace to Europe
GENERAL NEWS
(EU) EU/INFORMATION SOCIETY: EU and US disagree on internet censorship ahead of Tunis World Summit
(EU) EU/WTO: Peter Mandelson and Celso Amorim make no breakthroughs at Rome meeting on 12 November - Peter Mandelson blames Brazil, Australia, New Zealand and United States
(EU) EU/REGIONS/FRANCE: Barroso supports rehabilitation of areas affected by urban violence in France "in line with budgetary resources available" - Mobilisation of sums not yet spent but available until 2006 at centre of Thursday's meeting between EU and French competent services
(EU) EU/DISASTERS/SPACE: Launch of pilot phase of GMES
(EU) EP/TERRORISM/CIA: Franco Frattini hopes to maintain dialogue with EP on secret CIA detention centres in Europe
(EU) EU/ECONOMY: Almunia says EU growth will gather speed in second half 2005, steadily continuing in 2006
(EU) EU/AIR SAFETY: France calls for European air safety system - Commissioner Barrot suggests boosting power of European Air Safety Agency
(EU) EU/COMPETITION:
(EU) EU/COMPETITION:
(EU) EU/2006 BUDGET: Commission cuts farm spending by EUR 362 mil
(EU) EU/TRANSPARENCY/BETTER REGULATION: Commission publishes online register of expert groups
(EU) EU/COMPETITION: Conditional go-ahead for acquisition of Kappa Holding B.V. by Jefferson Smurfit
(EU) EU/COMPETITION: Commission looks into long-term energy supply contracts in Hungary
(EU) EU/COMPETITION: Study into effects of repealing of exemption enjoyed by maritime conferences rules that these are favourable
(EU) EU/COMPETITION:
(EU) EU/ENTERPRISE: SME lobby groups hope Commission's new strategy will be more than rhetoric
(EU) EU/STATE AID: Green light for German innovation aid
(EU) EU/ENTREPRISE: Prize for local and regional initiatives to boost entrepreneurship
(EU) EU/FINANCIAL SERVICES: Commission's report on cross-border consolidation in financial sector proposes changes to banking and insurance directives
(EU) EU/ECOFIN/LEGISLATION/ENTERPRISE: New conclusions on cutting red tape for business
(EU) EU/ECOFIN/TAXATION: Business pressure groups disappointed at failure to agree on cut-rate VAT
(EU) EU/TRANSPORT:
(EU) EU/COMPETITION:
(EU) EU/PATENTS:
(EU) EP/RESEARCH: Freedom of scientific research must be protected, say EP Liberals
(EU) EP/SOCIAL/ENTERPRISE: Following ALSTOM affair, Francis Wurtz calls on Commission to propose real industrial policy in Europe
(EU) EU/CONSUMERS/CHINA: "Memorandum of Understanding" between EU and China on product safety
(EU) EU/TRANSPORT: Commission launches public consultation on mid-term review of White Paper on European transport policy
(EU) EU/TRANSPORT:
(EU) EU/CUSTOMS/CHINA:
(EU) EU/EESC/LISBON STRATEGY: Maria Joao Rodrigues describes national reform programmes for growth and employment as "agendas for action" -Committee must serve as bridge between National Economic and Social Councils if Lisbon Agenda is to succeed
(EU) EU/SOCIAL: Social services in favour of inclusion must reinforce rights of individuals and their ability to take part in society, according to Inter-European project Qu/A/Si
(EU) EU/COURT OF JUSTICE: Ruling on the use of languages in EU
WEEKLY SUPPLEMENT
European Library: No. 662
€ VALUE IN DIFFERENT CURRENCIES ON 14/11/2005: