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Europe Daily Bulletin No. 9477

27 July 2007
Contents Publication in full By article 22 / 27
GENERAL NEWS / (eu) eu/eib
FEMIP creates risk capital fund to invest in innovative SMEs in Lebanon

Luxembourg, 26/07/2007 (Agence Europe) - The Facility for Euro-Mediterranean Investment and Partnership (FEMIP), the European Investment Bank's facility focusing on the Euro-Mediterranean Area, has decided to invest €5 million from the European Union's budget in a new investment company, the Building Block Equity Fund. This Luxembourg-registered Beirut-based Fund will make equity investments in innovative small and medium-sized enterprises (SMEs) in Lebanon.

The driving force behind this...

Contents

A LOOK BEHIND THE NEWS
A Look Behind The News, by Ferdinando Riccardi: New European Treaty: Real problems of IGC and referendums
THE DAY IN POLITICS
(EU) EU/KOSOVO: Discussions between Belgrade and Pristina will be overseen by Troika composed of USA, Russia and EU
(EU) EU/IGC/TREATY: After two days of trouble-free work on draft treaty, legal experts suspend work until 29 August
(EU) EU/CHAD: Willing to contribute financially to trial of Hissène Habré, France calls on EU to participate
GENERAL NEWS
(EU) EU/ECONOMY: Initial opinion in EU divided over use of specific mechanisms, such as “golden shares”, to protect strategic European sectors from emerging countries' sovereign funds
(EU) EU/ENERGY: On initiative of Lithuania and Poland, Vilnius will host energy summit and 2nd NESCO meeting on 10-11 October
(EU) EU/EUROPEAN ECONOMIC AREA: EEA now has 30 members - Contribution to regional development in Bulgaria and Romania
(EU) EU/CHINA: Mutual protection of agricultural geographical indications
(EU) EU/COMPETITION: Formal procedures against Electrabel and EDF
(EU) EU/AGRICULTURE: Further set of rural development programmes
(EU) EU/AFRICA/AGRICULTURE: Proposal for cooperation for African agricultural development and African priorities
(EU) EU/COMPETITION: Commission approves proposed joint venture between SES Astra and Eutelsat
(EU) EU/COMPETITION:
(EU) EU/JHA/COURT OF JUSTICE: Court suggests creation of new urgent preliminary ruling procedure
(EU) EU/TRANSPORT: Europeans want improved mobility and better environmental protection
(EU) EU/TRANSPORT: GPS and Galileo systems will be interoperable
(EU) EU/INDUSTRIAL PROPERTY: Rights to European companies' designs and models soon to be protected in entire world
(EU) EU/ECONOMY: European Banking Federation pleased with growth despite expected slowdown
(EU) EU/SOCIAL SECURITY: Publication of average annual costs for retired person or family
(EU) EU/JHA: edps says directive on data protection must be applied correctly
(EU) EU/EIB: EIB shareholder of first privately-managed seed fund in Tunisia, Phenicia Seed Fund
(EU) EU/EIB: FEMIP creates risk capital fund to invest in innovative SMEs in Lebanon
(EU) EU/ECONOMY:
(EU) EU/ECONOMY: EU current account deficit in first quarter of 2007
(EU) EU/LEGISLATION: Main legislative acts published in Official Journal
(EU) EU/LIBYA:
€ VALUE IN DIFFERENT CURRENCIES ON 26/07/2007: