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Europe Daily Bulletin No. 9675

5 June 2008
Contents Publication in full By article 18 / 33
GENERAL NEWS / (eu) eu/state aid
Commission approves restructuring of Sachsen LB

Brussels, 04/06/2008 (Agence Europe) - On Wednesday 4 June, the European Commission concluded that a liquidity facility and a state guarantee for German bank Sachsen LB, granted under the terms of the sale of Sachsen LB to Landesbank Baden-Württemberg (LBBW), were compatible with EC Treaty state aid rules. Speaking to press on Wednesday, the spokesman for the competition commissioner said that the €17.1 billion credit provided between 19 August 2007 and 19 February 2008 was indeed state...

Contents

A LOOK BEHIND THE NEWS
A Look Behind The News, by Ferdinando Riccardi: Three results from Eurogroup meeting
THE DAY IN POLITICS
(EU) EP/FOREIGN POLICY: MEPs want to have their word about CFSP/ESDP development and implementation
(EU) EU/LISBON TREATY: Irish farmers support "Yes" at referendum of 12 June
(EU) EU/ENLARGEMENT: Turkey criticises constitutional reform in France, which will make referendum on its accession to EU obligatory
(EU) EU/ESDP: French presidency to reopen work on European defence
(EU) EP/MIDDLE EAST: European parliamentary mission says situation on ground is worsening and time is not right for upgrading relations with Israel
(EU) EU/ISRAEL: In its “non paper” discreetly being studied by Commission, Israel aims for quasi-member state status of EU
(EU) EU/FRENCH PRESIDENCY: Bernard Kouchner unveils logo and site for French presidency
(EU) EU/DENMARK:
GENERAL NEWS
(EU) EU/JHA: Compromise reached on returns directive
(EU) EU/JHA: Commission to target US electronic travel authorisation system
(EU) EU/ECOFIN COUNCIL: Ministers reject tax measures to respond to high food and oil prices
(EU) EU/ECOFIN COUNCIL: Member States critical of two elements of revision of VAT exemption for financial and insurance services
(EU) EU/ECOFIN COUNCIL: Setting in place of electronic monitoring system for products subject to excise duty may be delayed
(EU) EP/EMU: Renewed green light for Slovakia to join eurozone
(EU) EP/ECB: Satisfecit and recommendations from MEPs on work of ECB
(EU) EU/STATE AID: Commission deems Hungarian state long-term power purchase agreements incompatible
(EU) EU/STATE AID: Commission approves restructuring of Sachsen LB
(EU) EU/STATE AID:
(EU) EU/COMPETITION:
(EU) EU/ENVIRONMENT: Informal EP/Council/Commission compromise on review of “waste” framework directive
(EU) EU/ENVIRONMENT: European Environment Prizes 2008 awarded to four companies
(EU) EU/CLIMATE CHANGE:
(EU) EU/FISHERIES: Commission proposes simpler approach to technical measures
(EU) EU/FISHERIES: Unhappy fishermen demonstrate outside Commission
(EU) EU/WTO: Informal ministerial meeting to be held in Paris on Thursday to try to restore balance on Doha ROUND negotiations
(EU) EP/WTO: Lamy says WTO is ready to “adjust” on post-Kyoto agreement
(EU) EP/SOCIAL: Fiscal and social sustainability of countries at centre of public hearing on future of social security systems
(EU) EU/MULTILINGUISM: Language exchange programme between China and European Union
(EU) EU/CULTURE:
(EU) EU/LEGISLATION: Main acts published in Official Journal of EU
(EU) EU/EIB: New EIB building inaugurated
€ VALUE IN DIFFERENT CURRENCIES ON 04/06/2008: