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EU News Flashes and Events for 97-05-13

EU News Flashes and Events Directory - Previous Article - Next Article

From: EUROPA, the European Commission Server at <http://europa.eu.int>


CONTENTS

  • [01] ECOFIN finds fault with Italy
  • [02] ERM membership?
  • [03] Italy isolated in Club Med
  • [04] ECOFIN discusses draft energy tax
  • [05] Fuel VAT cut is legal/Brown
  • [06] Kok confident on EU reform deal
  • [07] ERM membership "a moot point"
  • [08] BOE towards Maastricht rules
  • [09] Portugal EMU convergence plan
  • [10] EU welcomes Spanish EMU plans
  • [11] Italy will be EMU founder member
  • [12] UK stresses human rights
  • [13] EU to back NATO assets use deal
  • [14] EU crime prevention network call
  • [15] Beef export subsidies to 2005
  • [16] UK sees no EU beef ban quick end
  • [17] Fish "quota hoppers" battle/UK
  • [18] Guinness/GrandMet merger
  • [19] Boeing/McDonnell merger/Van Miert
  • [20] Poland's EU information centre
  • [21] Main EU events for May 13

  • [01] ECOFIN finds fault with Italy

    BRUSSELS - Italy's chances of joining Europe's single currency in 1999 were cast into doubt on Monday when Rome's European Union partners found it falling short in efforts to get its economy in order.

    [02] ERM membership?

    BRUSSELS - The controversial issue of whether membership in Europe's Exchange Rate Mechanism is mandatory for those wishing to join a single currency resurfaced on Monday after Britain said participation was not necessary.

    [03] Italy isolated in Club Med

    BRUSSELS - Spain and Portugal stole a march on Italy in a race among the European Union's southern members to join a single currency, after the European Commission on Monday gave Rome a stern warning on its public finances.

    [04] ECOFIN discusses draft energy tax

    BRUSSELS - The ECOFIN Council held preparatory discussions on Monday on a new proposal to raise and extend minimum taxes on energy, but a political debate on the controversial issue must still take place, Dutch finance minister Gerrit Zalm told a press conference.

    [05] Fuel VAT cut is legal/Brown

    BRUSSELS - British Chancellor Gordon Brown held discussions with top European Commission officials early on Monday to argue that his planned cut in value added tax on domestic fuel consumption was legal.

    [06] Kok confident on EU reform deal

    LISBON - Dutch Prime Minister Wim Kok, racing against time to secure a deal on European Union reform, said on Monday that he was confident accord could be reached by next month's Amsterdam summit.

    [07] ERM membership "a moot point"

    BRUSSELS - Dutch Finance Minister Gerrit Zalm on Monday said participation in Europe's exchange rate mechanism as a condition for joining the single currency was subject to interpretation.

    [08] BOE towards Maastricht rules

    BRUSSELS - Finance Minister Gordon Brown's decision to give the Bank of England freedom to set interest rates is a significant step towards meeting the Maastricht Treaty requirements on central bank independence, European monetary affairs commissioner Yves Thibault de Silguy said on Monday.

    [09] Portugal EMU convergence plan

    BRUSSELS - European Union finance ministers welcomed on Monday Portugal's economic convergence programme to qualify for the European single currency, a diplomat said.

    [10] EU welcomes Spanish EMU plans

    BRUSSELS - European Union finance ministers welcomed on Monday Spain's economic convergence plan sholwing its progress towards meeting economic and monetary union, a Spanish diplomat said.

    [11] Italy will be EMU founder member

    ROME - Prime Minister Romano Prodi was quoted as saying on Monday he had no doubts Italy would be a founder EMU member, despite question marks raised by the European Commission over Italy's fiscal credibility.

    [12] UK stresses human rights

    LONDON - New Foreign Secretary Robin Cook vowed on Monday that human rights would dominate British foreign policy and said sanctions should be imposed on Nigeria if it failed to make democratic reforms.

    [13] EU to back NATO assets use deal

    PARIS - European defence and foreign ministers are set to agree proposals which would allow them to move ahead with plans to use NATO's largely U.S.- owned resources for European-only security operations, diplomats say.

    [14] EU crime prevention network call

    NOORDWIJK, Netherlands - The EU should set up an official crime prevention network so members can learn from each others' experience and cooperate in crime prevention, Dutch Justice Minister Winnie Sorgdrager said on Monday.

    [15] Beef export subsidies to 2005

    BRUSSELS - Beef exports from the European Union will continue to need subsidies to the year 2005 because prices will remain above those of other exporting countries, the European Commission said in a report obtained by Reuters.

    [16] UK sees no EU beef ban quick end

    BRUSSELS - Jack Cunningham, Britain's new Agriculture Minister, sought on Monday to make a quick start to improving relations with the European Union but did not see any early lifting of a world ban on British beef exports.

    [17] Fish "quota hoppers" battle/UK

    BRUSSELS - Britain will fight to get rid of fishing "quota hoppers" but it does not intend to veto a review of the European Union treaty, British Agriculture Minister Jack Cunningham said on Monday.

    [18] Guinness/GrandMet merger

    BRUSSELS - The European Commission declined to comment on Monday on whether it would probe the 20-billion pound merger between Guinness <GUIN.L>and Grand Metropolitan Plc <GMET.L>saying the companies had not yet submitted the plan for clearance.

    [19] Boeing/McDonnell merger/Van Miert

    STOCKHOLM - A European Commission spokesman on Monday denied a media report that the commission's competition policy authority had decided it would block a proposed merger between Boeing Corp and McDonnell Douglas Corp.

    [20] Poland's EU information centre

    WARSAW - Poland's government on Monday launched an EU Information Centre with relays of specially trained students fielding calls from citizens wondering what membership of the bloc will mean for them.

    [21] Main EU events for May 13

    BRUSSELS - European Commissioners Flynn and Monti and Societe General Chairman Etienne Davignon hold joint news conference at 1015 GMT to present a report by the labour experts group whose aim was to break the deadlocks such as the one on the European company statute.

    HABAY-LA-NEUVE, Belgium - - European Commissioner Van Miert addresses Arlon Committee Financial Forum on "Competition: European stakes and perspectives" at 0930 GMT.

    STRASBOURG - European Parliament plenary session begins at 0700 GMT (second of five days).


    From EUROPA, the European Commission Server at http://europa.eu.int/
    © ECSC - EC - EAEC, Brussels-Luxembourg, 1995, 1996


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