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Europe Daily Bulletin No. 9855

6 March 2009
GENERAL NEWS / (eu) eu/competitiveness council
Support from ministers for Commission's action framework for car industry, but call to simplify EIB funding procedures

Brussels, 05/03/2009 (Agence Europe) - After an exchange of views on the impact of the financial crisis on the competitiveness of the European economy as a whole, EU Industry Ministers held a long discussion on the specific situation of the car industry, and adopted conclusions confirming the need for urgent action with short-term measures that are consistent with those of the long term, while, at the same time, abiding by internal market and state aid rules.

The Council hailed the speed of...

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A LOOK BEHIND THE NEWS
THE DAY IN POLITICS
GENERAL NEWS