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Europe Daily Bulletin No. 8621

13 January 2004
Contents Publication in full By article 1 / 42
A LOOK BEHIND THE NEWS
: The Parmalat affair raises the universal problem of the real economy versus "creative accounting", the excesses of which should be investigated and condemned - The European Commission should not grant State aid to speculation - implications for the Union's industrial policy

In favour of a global reflection. The Parmalat affair should give rise to a reflection going beyond not only the specific case of the Italian firm, but also thoughts about checks on companies' books and banking activities. What, in my view, Europe needs is a joint reflection on the importance of economic activity, according top priority to the creation of goods and services of use to the community in such a way as to stem the unwarranted prestige which still surrounds the excesses of...

Contents

A LOOK BEHIND THE NEWS
THE DAY IN POLITICS
GENERAL NEWS
WEEKLY SUPPLEMENT