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Internal Market Policy News
EU wants executives to rein in their super-bonuses The European Commission has a message to business executives raking in billions of Euro in bonuses while their companies are failing: the party’s almost over. The EU responded to popular anger about perceived managerial greed A call to share the data on EU’s rare diseases Colm Burke, a Member of the European Parliament from Ireland, has called for better EU-wide sharing of information on rare diseases. Speaking on the eve of European Rare Diseases Day, he Burke said: “We need Ratings to protect minors from video games The Internal Market and Consumer Affairs Committee (IMCO) of the European Parliament has adopted by unanimity a report on the protection of consumers, especially minors, in the use of video games. The video gaming industry CPL says outlook “very uncertain” Recruitment group CPL said it has experienced a “significant slowdown” in business because of the global economic downturn and its effects on the jobs market. The company said that in Ireland many organisations had responded Microsemi jobs boost for Ennis US chip maker Microsemi is to expand its facility in Ennis, Co Clare, in an investment which is leading to 315 new jobs. The investment is being backed by IDA Ireland, the company said. The Coming soon to a court near you, E-justice A report which sets out an action plan for future work on improving the use of information technology in Europe’s judicial and legal systems to enhance their efficiency and accessibility for citizens, businesses and practitioners HBOS shareholders back Lloyds TSB deal Shareholders in British bank HBOS have overwhelmingly approved the bank's takeover by Lloyds TSB and a GBP 11.5 billion (12.1 billion Euro) injection of cash from the British government. This is according to votes cast Low-cost carrier SkyEurope in talks with Portuguese investor Troubled low-cost carrier SkyEurope Airlines said that it was in talks with Portuguese investor Longstock SAPO Limited over a possible equity injection. SkyEurope Chief Financial officer Nick Manoudakis confirmed the talks, after the Slovak-Austrian airline Sony to invest 30 mln Euro in Blu-ray in Salzburg Electronics giant Sony is to invest 30 million Euro in its Salzburg facility, according to Austrian media. Sony DADC board Chairman Dieter Daum told the Salzburger Nachrichten newspaper the investment came on the back of Erste Bank gobbles up Weinviertel Savings Bank Erste Bank has announced it acquired Weinviertel Savings Bank (Weinviertler Sparkasse). Erste Bank said in a press release it had signed a contract for purchase of a 99 percent interest in the savings bank and the Luxembourg Stock Exchange’s disaster recovery for Belgrade Stock Exchange On December 4, during the ministerial council of the OSCE (Organization for Security and Co-operation in Europe), the foreign ministers of Luxembourg and Serbia signed a memorandum of cooperation on a project to develop a Reding raps Italian Telecom’s knuckles Commissioner Viviane Reding sent a letter today (December 18) to the Italian Telecoms regulator AGCOM, reminding AGCOM of its duty, under European Community law, to formally and completely notify the measures concerning Telecom Italia to 150 jobs to go at Vodafone Ireland Vodafone Ireland has said 150 jobs are to be lost as the company slims down its operation in the difficult economic climate. Vodafone told staff and unions it hopes to make the redundancies through a Louis Vuitton scraps plans for Tokyo store amid recession French fashion house LVMH Moet Hennessy-Louis Vuitton has abandoned its plans to open a flagship store in Tokyo’s ritzy Ginza district as the global financial crisis hits Japan’s booming luxury market, the company said. Declining EU clears Schaeffler takeover of Continental The European Commission has approved a major takeover in Germany’s automotive components industry, clearing family- owned Schaeffler Group to take a main stake in stockmarket-listed Continental. Schaeffler is mainly a maker of ball-bearings, whereas the Brussels puts muscles in credit rating agency rules  Following the fiasco of the American sub-prime mortgage crisis and the failure of credit rating companies to predict or prevent it, the European Commission has proposed tough rules designed to improve the functioning of credit An uneasy EU says tougher bank rules are needed As the world’s economic near-chaos has continued despite American attempts to rescue its troubled financial institutions, the European Union has called for tighter regulations on bank security and supervision to keep depositor confidence and prevent EU consumers to see lower mobile charges  European Union consumers will soon be pa ying much less when using their mobile phones during trips out of the home country according to pr oposals agreed on September 23 by the European Commission. Presenting EU financial market controls demanded The European Parliament has voted in favor of European- wide minimum standards in the financial sector until the end of the year. MEP Kurt Joachim Lauk of Germany, spokesman for the EPP-ED-Group on the issue, NE Dossiers: The Roaming Debacle It is also a matter of honesty and transparency to find out exactly what had happened in the roaming case. On September 10, 2008 the Commission said that in July 2007 (i.e. after it concluded |
EU-Russia energy game EU budget: Naming and Shaming of Member States allowing fraud A message for Turkey: tear down Cyprus’ wall now! India says global warming is not to blame for Himalayan glacier melt A misled Merkel takes a swipe at GM over its Opel U-turn Lesbian Bisexual Gay and Transexual (LBGT) organisations across Europe cooperate under the umbrella of the International Lesbian and Gay Association This coming Thursday evening, November 19 during the “Last Supper,” the 27 heads of the EU Member States will decide The end of World War II found the United Kingdom winners, but literally bankrupt. The After months of networking, secret briefings, it seems that the candidates for the Council President In a meeting in Washington with the current Swedish Presidency of the European Union, US President Barack Obama said that As the United States and NATO have urged European countries to take a bigger role Europe must step up its efforts in Afghanistan if it wants to avoid straining relations Six months after they met in London and established a $1.1 trillion-dollar support package for As the first top British diplomat to visit Moscow in recent five years, British Foreign Secretary David Miliband wrapped up Despite French carmaker Renault’s earlier statement that it will not invest any more money in The United States and Russia on 9 November began another round of talks over nuclear Russian Prime Minister Vladimir Putin said the government will continue to adopt measures to better The worldwide economic recession has had European Union businesses keenly eyeing China for continuing markets, and the EU’s Chamber of Showing there is still some major differences between the European Union and China in areas Just as the 60th anniversary of the founding of the People’s Republic of China passed |
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