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European Commission Spokesman's Briefing for 04-10-04
From: EUROPA, the European Commission Server at <http://europa.eu.int>
CONTENTS / CONTENU
[01] D'après les calculs de la Commission, les prélèvements pour
dépassement des quotas laitiers s'élèveraient à 388 millions d'€
[02] Commission clears acquisition of Volvo's axle production business by
ArvinMeritor
[03] EU Accounting Regulatory Committee Opinion on IAS 39
[04] Loyola de Palacio to visit Libya to explore possible future
cooperation on energy and transport
[05] Chris Patten to visit Belgrade, 5 October 2004
[06] August 2004 compared to July 2004 : industrial producer prices up by
0.4% in euro-zone ; up by 0.5% in EU25
[07] Août 2004 par rapport à août 2003 : volume des ventes du commerce de
détail en baisse de 0,4% dans la zone euro ; hausse de 1,8% dans l'UE25
Midday Express of 2004-10-04
Reference: MEX/04/1004
Date: 04/10/2004
EXME04 / 4.10
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
04/10/04
[01] D'après les calculs de la Commission, les prélèvements pour
dépassement des quotas laitiers s'élèveraient à 388 millions d'€
Selon un calcul provisoire présenté par la Commission européenne et
basé sur les déclarations annuelles des Etats membres, le montant des
prélèvements des Etats membres ayant dépassé leurs quotas laitiers
s'élèveraient à 388 millions d'€ (livraisons et ventes directes) au
cours de la période 2003/2004 pour l'ensemble de l'UE, alors que le
montant total des prélèvements était de 320 millions d'€ l'an dernier.
Le dépassement pour l'ensemble de l'UE, tous secteurs confondus, est
estimé à 385.000 tonnes.
[02] Commission clears acquisition of Volvo's axle production business by
ArvinMeritor
The European Commission has approved the acquisition of the axle production
business of the Volvo Group by the American company ArvinMeritor, a global
manufacturer of automotive parts. The Commission's investigation has shown
that the transaction will have no significant impact on competitive
conditions in view of the structure of the axle market in Europe
[03] EU Accounting Regulatory Committee Opinion on IAS 39
The EU's Accounting Regulatory Committee (ARC) voted on 1st October, by a
qualified majority, to give a favourable opinion on the European
Commission’s proposal to endorse International Accounting Standard number
39 on financial instruments, minus the provisions on full fair value and
portfolio hedging of core deposits. The ARC is chaired by the Commission
and comprises representatives of Member States' administrations responsible
for accounting issues. In the light of the ARC opinion, the Commission will
now proceed to adopt during the next few weeks a Regulation requiring the
use of IAS 39, minus the provisions on fair value and portfolio hedging of
core deposits, by all listed companies from 1 January 2005. Member States
will have the option of requiring the sections of IAS 39 concerning
portfolio hedging of core deposits to be applied. In those Member States
that do not require the application of these sections on core deposits,
companies will have the option of doing so. However, Member States and
companies will not have the option of applying the provisions of IAS 39
concerning the full fair value option. Once the International Accounting
Standards Board (IASB) has revised IAS 39 as regards the full fair value
option to take account of concerns expressed by inter alia the European
Central Bank and the Basel Committee of banking regulators, the Commission
will amend the Regulation so as to require the use of the suitably revised
provisions on the full fair value option. The Commission hopes these fair
value provisions will be revised by the IASB early in 2005.
[04] Loyola de Palacio to visit Libya to explore possible future
cooperation on energy and transport
The European Commission Vice-President Loyola de Palacio, in charge of
Energy and Transport, will be visiting Tripoli on Monday 4th and Tuesday
5th October 2004 at the invitation of the Libyan authorities. During her
visit, Ms de Palacio will be meeting with President Mu'ammar Qadhafi, the
Prime Minister and the Ministers of Energy and Transport. She will discuss
with the Libyan Authorities possible future cooperation between the EU and
Libya in the energy and transport sectors both at a bi-lateral and a
regional level, once the EU and Libya have established formal relations in
the framework of the Barcelona process.
[05] Chris Patten to visit Belgrade, 5 October 2004
The European Commissioner for External Relations, Chris Patten, will visit
Serbia and Montenegro on 5 October together with High Representative Javier
Solana to discuss plans to help Serbia and Montenegro speed up progress on
its way to the EU through a so-called "twin-track" approach. Commissioner
Patten will also urge political leaders to fully cooperate with the
International Criminal Tribunal for the Former Yugoslavia (ICTY). He will
meet political figures from all levels of government, including State Union
President Svetozar Marovic, Foreign Minister Vuk Draskovic, Serbian
President Boris Tadic, Serbian Prime Minister Vojislav Kostunica and Deputy
Prime Minister Miroljub Labus and Montenegrin Prime Minister Milo
Djukanovic.
[06] August 2004 compared to July 2004 : industrial producer prices up by
0.4% in euro-zone ; up by 0.5% in EU25
The euro-zone industrial producer price index rose by 0.4% in August 2004
compared with the previous month, Eurostat estimates today. In August 2004,
EU25 prices grew by 0.5%. In July 2004 prices increased by 0.5% in the euro-
zone and by 0.4% in the EU25. In August 2004 compared to August 2003,
industrial producer prices grew by 3.1% in the euro-zone and by 3.6% in the
EU25.
[07] Août 2004 par rapport à août 2003 : volume des ventes du commerce de
détail en baisse de 0,4% dans la zone euro ; hausse de 1,8% dans l'UE25
En août 2004, par rapport à août 2003, le volume des ventes du commerce
de détail a diminué de 0,4% dans la zone euro, mais a augmenté de 1,8%
dans l'UE25, selon les premières estimations publiées aujourd'hui par
Eurostat. Par rapport à juillet 2004, l'indice des ventes a baissé de 1,3%
dans la zone euro et de 0,4% dans l'UE25. En août 2004, par rapport Ã
août 2003, le secteur de "l'alimentation, boissons, tabac" a diminué de 1,
7% dans la zone euro et de 0,1% dans l'UE25. Le secteur non alimentaire
s'est accru respectivement de 0,9% et 3,6%. Parmi les Etats membres pour
lesquels des données sont disponibles, les ventes du commerce de détail
ont augmenté au Royaume-Uni (+6,9%), en Suède (+6,5%), en Pologne (+5,9%),
au Portugal (+4,5%) et en France (+1,0%). Des baisses ont été observées
en Allemagne (-2,4%) et en Espagne (-1,6%).
From EUROPA, the European Commission Server at http://europa.eu.int/
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