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Europe Daily Bulletin No. 9207

9 June 2006
Contents Publication in full By article 19 / 38
GENERAL NEWS / (eu) eu/ecb
ECB decision to increase interest rates in euro-zone reflects upside risks to price stability

Brussels, 08/06/2006 (Agence Europe) - On 8 June, the European Central Bank (ECB) increased its key interest rates in the euro-zone, with effect from 15 June. The Board of Governors, at their meeting in Madrid on Thursday, attended by the President of the Eurogroup Jean-Claude Juncker and the Economic and Monetary Affairs Commissioner Joaquin Almunia, decided to raise interest levels on the main refinancing operations to 2.75%, on the marginal lending facility to 3.75% and on the deposit...

Contents

A LOOK BEHIND THE NEWS
A Look Behind The News, by Ferdinando Riccardi: Market forces alone are not enough for the energy market
THE DAY IN POLITICS
(EU) EU/EUROPEAN COUNCIL/EXTERNAL RELATIONS: Inspired by constitutional treaty, Commission makes practical proposals for working with Council and Member States to make external policy more effective
(EU) EP/CITIZENS/FINLAND: Leaders of political groups and President Borrell dialogue with young people
(EU) EP/CONSTITUTION:
(EU) EU/ROMANIA:
(EU) EU/EP/PALESTINE: Parliamentary consultation on “temporary aid mechanism”
(EU) PES/BELARUS:
(EU) EP/EMPA/CORRIGENDUM:
GENERAL NEWS
(EU) EU/ENERGY: Romania's ratification of treaty setting up energy community opens way for entry into force on 1st July
(EU) EU/ENERGY COUNCIL: Support for Mr Solana's and Commission's contribution on external policy
(EU) EU/TELECOM COUNCIL: Agreement on cooperation culture on best practice for on-line administration
(EU) EU/ECOFIN COUNCIL/FINANCIAL SERVICES: Basel II Directive is adopted
(EU) EU/FINANCIAL SERVICES:
(EU) EU/EURO/ECOFIN: Several ministers express concern at potential negative impact on exchange rates of sharp rise in interest rates by ECB
(EU) EU/TAXATION: ECOFIN Council stresses need for further action against tax evasion
(EU) EP/EURO/LITHUANIA:
(EU) EP/ENERGY/GREENS:
(EU) EU/TRANSPORT: Attempt to reach political agreement on proposal for regulation on public passenger transport this Friday in Luxembourg - Agreement for creation of common European airspace is formally signed
(EU) EU/ECB: ECB decision to increase interest rates in euro-zone reflects upside risks to price stability
(EU) EU/EUROPEAN COUNCIL/INNOVATION: Commission sets out project for creation of European Institute of Technology
(EU) EU/DEVELOPMENT/MIGRATION: Commission hopes to launch pilot cooperation projects with ACP countries to manage migratory flows, drawing on experience gained in Canary Islands
(EU) EU/JHA COUNCIL: Latest from Justice and Home Affairs Council
(EU) EU/JHA/CRIMINAL JUSTICE: Interconnection of criminal records
(EU) EP/JHA/PAEDOPHILIA: EP seeks to enhance protection from paedophilia
(EU) EP/JHA/PAEDOPHILIA:
(EU) EP/JHA/REFUGEES:
(EU) EU/JHA/IMMIGRATION/CIMO:
(EU) EP/AGENDA: Preparing for Summit, reflection period, forced prostitution during football World Cup and racism - 7th Framework Programme for Research and Development - New countries joining euro
(EU) EP/PES/FOOTBALL/PROSTITUTION: PES presents petition to Mr Frattini
(EU) EU/COMPETITION: Commission clears takeover of bearing manufacturer SNFA by competitor SKF
(EU) EU/COMPETITION: Commission clears acquisition of UPC Sweden by Providence/Carlyle
(EU) EU/COMPETITION: Green light for joint venture between Campina and Fonterra
(EU) EP/MEDIA: Wide debate on modernising EU television legislation
(EU) EU/TRADE UNIONS: John Monks calls for 'stronger social dimension aligned to the Constitution'
(EU) EU/RESEARCH:
(EU) EU/TRADE UNIONS: John Monks is highly critical of Gordon Brown's proposal to create a new business forum
(EU) EU/COMMITTEE OF THE REGIONS/FRANCE: Michel Delebarre calls for a more protective Europe and decentralised France, as well as a leap forward for future of Europe
€ VALUE IN DIFFERENT CURRENCIES ON 08/06/2006: