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European Commission Spokesman's Briefing for 04-07-28

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] Commission to provide €4.35 million for flood relief
  • [02] Commission clears acquisition of NRW.BANK by Land Nordrhein-Westfalen
  • [03] Bon résultat de la directive "Télévision sans frontières" : les sociétés de télévision consacrent en moyenne les deux tiers de leur temps de diffusion des oeuvres européennes
  • [04] Monthly note on the euro-denominated bond markets (June 2004)
  • [05] Autre matériel diffusé Midday Express of 2004-07-28 Reference: MEX/04/0728 Date: 28/07/2004 EXME04 / 28.7

    MIDDAY EXPRESS

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

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

    Communication

    28/07/04


  • [01] Commission to provide €4.35 million for flood relief

    The European Commission is launching two emergency humanitarian aid decisions in response to growing needs in flood-hit south Asia and Tajikistan. The funds are being channelled through the Humanitarian Aid Office (ECHO) under the responsibility of Commissioner Poul Nielson. €4 million has been earmarked for a range of activities in Bangladesh and the northern Indian states of Assam and Bihar including the provision of food, medicines, oral rehydration salts and essential household items for flood victims. 800,000 highly vulnerable people in rural areas will be assisted. €350,000 is being deployed around the Tajikistan capital, Dushanbe where torrential rains have left a trail of destruction. The focus here is on water, sanitation and health actions benefiting around 600,000 people.

    [02] Commission clears acquisition of NRW.BANK by Land Nordrhein-Westfalen

    The European Commission has cleared, under the Merger Regulation, the acquisition of NRW.BANK (Germany) by the German federal State Nordrhein- Westfalen by way of increase in voting rights. NRW.BANK is a public bank active in development projects of Nordrhein-Westfalen and controls WestLB AG (Germany), a commercial bank with international activities. The operation is part of the restructuring of publicly owned banks in Nordrhein- Westfalen. (The operation, which was notified on 28 June, was reviewed under a simplified procedure for unproblematic mergers)

    [03] Bon résultat de la directive "Télévision sans frontières" : les sociétés de télévision consacrent en moyenne les deux tiers de leur temps de diffusion des oeuvres européennes

    La Commission européenne a adopté aujourd'hui une communication relative la mise en oeuvre des articles 4 et 5 de la directive "Télévision sans frontières" pour la promotion de la diffusion d'oeuvres européennes, y compris de producteurs indépendants. Le temps de diffusion moyen réservé des oeuvres européennes dans l'Europe des Quinze s'élevait 66,95% en 2001 et 66,10% en 2002. La proportion des oeuvres de producteurs indépendants diffusées sur l'ensemble des chaînes européennes dans tous les Etats membres était de 37,75% en 2001 et de 34,03% en 2002. Celle des œuvres européennes récentes de producteurs indépendants était de 23, 32% en 2001 et de 21,10% en 2002.

    [04] Monthly note on the euro-denominated bond markets (June 2004)

    Although the position of the euro yield curve was barely changed in June, the anticipation of a US monetary policy tightening (by 25 basis points at the end of the month) resulted in a significant flattening of the curve. The 2-year/10-year spread fell from 175 to about 155 basis points over the month. Total issuance of euro-denominated bonds amounted to €164 billion in June, up from €147 billion in May, and broadly in line with issuance in June 2003. While issuance from the public sector remained broadly stable, the expansion in private-sector issuance, which begun in April, has continued. The composition of issuance in June was characterised by a reduced share of central government bonds (43% of total). Other main characteristic of issuance in June were a shift to shorter maturities and an increased share of bonds form outside of the euro area, notably from the United States and other EU countries, including an inaugural €1.5 billion 10-year bond from the Czech Republic. This series of notes, and a statistical annex, are available from the European Commission website at :

    <a href="http://europa.eu.int/comm/economy_finance/publications/bondmarkets_en.htm">http://europa.eu.int/comm/economy_finance/publications/bondmarkets_en.htm

    [05] Autre matériel diffusé

    Sixth Communication on the application of Articles 4 and 5 of Directive 89/552/EEC "Television without Frontiers"

    La politique de recherche et l'espace dans le Traité constitutionnel 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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