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European Commission Spokesman's Briefing for 04-05-27

Midday Express: News from the EU Commission Spokesman's Briefings Directory - Previous Article - Next Article

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


CONTENTS / CONTENU

  • [01] Afghanistan: Commission allocates €35.16 million in humanitarian aid
  • [02] Commission approves acquisition of Raisio Chemicals by Ciba Specialty Chemicals
  • [03] April 2004 – Monthly note on the euro-denominated Bond Markets
  • [04] Economic Sentiment Indicator: inclusion of new Member States and Methodological Changes
  • [05] Rédiffusion de notes
  • [06] Commission approves acquisition of British combat vehicles maker Alvis by General Dynamics
  • [07] Autre matériel diffusé Midday Express of 2004-05-27 Reference: MEX/04/0527 Date: 27/05/2004 EXME04 / 27.5

    MIDDAY EXPRESS

    News from the Press and Communication Directorate General's midday briefing

    Nouvelles du rendez-vous de midi de la Direction Générale Presse etb

    Communication

    27/05/04


  • [01] Afghanistan: Commission allocates €35.16 million in humanitarian aid

    The European Commission has allocated €35.16 million for humanitarian aid to vulnerable people affected by the consequences of the Afghan crisis in both Afghanistan and in neighbouring Pakistan and Iran in 2004. The overarching objective of this aid is to continue assisting the most vulnerable sections of the population while supporting the return and reintegration of refugees and internally displaced people (IDPs). Activities will include the rehabilitation of water and sanitation systems; the provision of shelter, healthcare and nutrition; the establishment of ‘cash for work’ activities; and the protection of vulnerable groups. Funding is also being provided for air transport and security information systems to facilitate access and boost the security of humanitarian aid workers. Funds are managed by the Commission’s Humanitarian Aid Office (ECHO).

    [02] Commission approves acquisition of Raisio Chemicals by Ciba Specialty Chemicals

    The European Commission has granted clearance under the Merger Regulation to the proposed acquisition of Raisio Chemicals Oy, a Finnish company that makes chemicals for the paper industry, by Ciba Specialty Chemicals Holding Inc. The deal does not raise any competition concerns.

    [03] April 2004 – Monthly note on the euro-denominated Bond Markets

    Despite evidence of accelerating growth in the global economy, recovery in the euro area economy seems to be lagging. In consequence, the euro yield curve shifted only marginally upward in April with a largely unchanged slope. Total issuance of euro-denominated bonds amounted to €133bn in April, compared to €179bn in March and €140bn in April 2003. The composition of issuance in April was characterised by the high share of central government bonds (55% of total), with Italy a major contributor (accounting for nearly half of central government issuance or 25% of total). The other main characteristic of issuance in April was an increased share of double-A rated bonds, mirroring mainly the high share of Italian government bonds, while the share of lower rated bonds was reduced in accordance with the small share of corporate borrowing. Full document and statistical annex are available on : <a href="http://europa.eu.int/comm/economy_finance/publications/bondmarkets_en.htm">http://europa.eu.int/comm/economy_finance/publications/bondmarkets_en.htm

    [04] Economic Sentiment Indicator: inclusion of new Member States and Methodological Changes

    Â As from the May publication onwards, the Economic Sentiment Indicator for the EU includes the data for the ten new Member States. Moreover, the calculation of the index (for the EU, the EA and the Member States) has been revised with a view to improving its performance, transparency and readability. Most notably, the service confidence indicator has been added as the fifth sectoral component making up the ESI, entailing also a new weighting scheme. A streamlined setup now provides a benchmark index level of 100 and enhanced readability due to a simplified scaling approach. For more information see:<a href="http://europa.eu.int/comm/economy_finance/indicators/businessandconsumersurveys_en.htm">http://europa.eu.int/comm/economy_finance/indicators/businessandconsumersurveys_en.htm

    [05] Rédiffusion de notes

    [06] Commission approves acquisition of British combat vehicles maker Alvis by General Dynamics

    The European Commission has granted clearance under the Merger Regulation to the proposed acquisition of Alvis plc, a UK-based manufacturer of armoured combat vehicles, by US-based General Dynamics Corporation. The deal does not raise any competition concerns in Europe since it presents only limited overlaps and there are other large and capable competitors in the market.

    [07] Autre matériel diffusé

    Speech by Commissioner Liikanen: « An industrial Policy for an enlarged Europe »

    Speech by Commissioner Liikanen: « New Challenges and Opportunities »

    Speech by Commissioner Byrne : « Patient centred health policy in Europe »


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

    Midday Express: News from the EU Commission Spokesman's Briefings Directory - Previous Article - Next Article
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