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Europe Daily Bulletin No. 9313
Contents Publication in full By article 29 / 37
GENERAL NEWS / (eu) eu/state aid

Commission opens investigation on 2006 State guarantee for BAWAG-PSK

Brussels, 23/11/2006 (Agence Europe) - On 22 November, the European Commission opened a formal investigation under EC Treaty state aid rules into a €900 million guarantee granted in 2006 to BAWAG-PSK by an Austrian law, the BAWAG P.S.K Sicherungsgesetz. The Commission needs more information to assess whether the guarantee is in line with Community rules on aid to companies in difficulty.

Neelie Kroes, Competition Commissioner, pointed out that “companies in difficulty may benefit from...

Contents

A LOOK BEHIND THE NEWS
A Look Behind The News, by Ferdinando Riccardi: Reasonable orientations for EU relations with Latin America
THE DAY IN POLITICS
(EU) EU/RUSSIA: Poland maintains veto - opening of talks on new agreement to be postponed
(EU) EP/ENLARGEMENT: MEPs call on Commission to make indepth analysis of integration capacity concept
(EU) EP/ROMANIA: Thumbs up to accession although more effort is needed
(EU) EP/BULGARIA: MEPs want more effort before accession
GENERAL NEWS
(EU) EU/ENERGY COUNCIL: Unanimous approval of action plan on energy efficiency - Broad consensus on need for targets on renewable energy
(EU) EU/COMPETITION: Microsoft provides information on Windows interfaces according to Commission requirement
(EU) EU/TAXATION: Mixed welcome from Member States to proposals on increasing excise on alcoholic drinks
(EU) EU/COMPETITON: Commission confirms having sent letter of grievances to E.ON Energie for breaking seal
(EU) EU/TAXATION:
(EU) EU/RESEARCH: Development of relations with Japan and South Korea on nuclear fusion
(EU) EU/RESEARCH: Commission increases communication on 7th research framework programme
(EU) EU/FISHERIES: No further financial penalties against France on enforcement of fisheries measures - end of infringement procedure started in 1991
(EU) EU/RUSSIA/AIR TRANSPORT:
(EU) EU/UNITED STATES/TRADE: Angela Merkel's idea of transatlantic free trade area comes up again
(EU) EP/COMPANY LAW: Charlie McCreevy gives favourable response to two European Parliament requests on company law
(EU) EU/JHA/IMMIGRATION: EU and Africa call for broader cooperation on immigration but tension remains palpable
(EU) EU/JHA: Swift is accused of infringing Community rules
(EU) EP/JHA/VISAS: Simon Busuttil pushes for reciprocity over visas with USA
(EU) EU/JHA/CIA:
(EU) EU/INDIA: Launch of negotiations on aviation agreement in new year
(EU) EP/TRANSPORT: EP transport committee suggests ways for enhancing European road safety
(EU) EP/TRANSPORT: EP transport committee ratifies agreement with Council on driving licence - British bikers not happy
(EU) EU/ACP: Joint Parliamentary Assembly calls on Louis Michel to encourage ACP governments to consult national parliaments and civil society on EDF planning
(EU) EU/INTERNAL MARKET: Interest groups pleased after EP's second reading on services directive
(EU) EU/STATE AID: Tax credits to promote culture approved for British cinema, but not for French video games
(EU) EU/STATE AID: Commission opens investigation into financial support to DHL and Leipzig/Halle airport
(EU) EU/STATE AID: Commission endorses remuneration for distribution of postal savings books in Italy, but opens investigation into distribution of postal bonds
(EU) EU/STATE AID: Commission opens investigation on 2006 State guarantee for BAWAG-PSK
(EU) EU/SOCIAL/BELGIUM: Danuta Hübner evokes redirection of structural funds to support Volkswagen/Forest workers - MEPs in favour of Globalisation Adjustment Fund
(EU) EU/EIB: EIB conference on financing water sector in Romania
(EU) EU/EIB/SPAIN: Education and environmental funding in Valencia
(EU) EU/LEGISLATION:
(EU) EU/SOCIAL/COMPANIES:
(EU) EP/FRIENDS OF EUROPE/WWF/ENVIRONMENT:
(EU) EP/INSTRUCTION:
€ VALUE IN DIFFERENT CURRENCIES ON 23/11/2006: