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European Commission Spokesman's Briefing for 96-04-25
From: News Distribution Manager <dist@hri.org>
MIDDAY EXPRESS
News from the Spokesman's midday briefing
Nouvelles du rendez-vous de midi du Porte-Paroleb
25 / 04 / 1996
CONTENTS / CONTENU
[01] Plan de communication sur l'euro
[02] Union assistance worth ECU 26.239 million for the steel-making areas of
Brandenburg
[03] Commission clears the joint control of Sheffield Forgemasters Ltd by
NatWest Ventures Ltd and Schroder Venture Managers (Guernsey) Ltd
[04] Padraig Flynn defends the role of the European Court of Justice and says
that it cannot be used as a "political football"
[01] Plan de communication sur l'euro
Yves-Thibault de Silguy, Commissaire chargé des affaires économiques,
monétaires et financières, présente le plan de communication de la Commission
pour l'introduction de l'euro. Ce plan résulte des idées identifiées à la Table
Ronde organisée par la Commission en janvier 1996. Il a été élaboré en
concertation étroite avec le Parlement européen, sur le contenu du programme
et sur son financement. En particulier, la Commission se félicite de la décision
du Parlement européen de débloquer pour la communication sur l'euro
l'ensemble des 19 millions d'écus qu'elle a estimés nécessaires pour l'année 96.
[02] Union assistance worth ECU 26.239 million for the steel-making areas of
Brandenburg
The Commission is to provide ECU 26.239 million to support the economic
conversion of traditional steel-making areas in Brandenburg. These funds are
being made available under the Community Initiative RESIDER to
Eisenhüttenstadt (including the local authority areas of Brieskow-Finkenheerd,
Schlaubetal, Neuzelle), Oranienburg, Henningsdorf-Velten, Eberswalde-Finow and
Brandenburg an der Havel. The emphasis in these programmes will be on the
creation of new and lasting jobs through schemes in the infrastructure and
environmental sectors, by promoting alternative economic activities and by
job-creating schemes.
[03] Commission clears the joint control of Sheffield Forgemasters Ltd by
NatWest Ventures Ltd and Schroder Venture Managers (Guernsey) Ltd
The Commission has approved the joint control of Sheffield Forgemasters Ltd by
NatWest ventures Ltd, part of the NatWest banking and financial services group,
and Schroder Venture Managers (Guernsey) Ltd, a subsidiary of the Schroders
Group which is engaged in merchant and investment banking and fund
management. The joint venture will acquire the majority of the shares in Sheffield
Forgemasters Ltd, a manufacturer of special steels and super alloy products.
[04] Padraig Flynn defends the role of the European Court of Justice and says
that it cannot be used as a "political football"
Speaking to the American Bar Association in London today, Employment and
Social Affairs Commissioner Padraig Flynn said that the separation of powers and
the rule of law are fundamental elements in a democratic society. Any dilution
of the principle that it is for the legislature to make the law and for the court to
interpret it would be dangerous and would take us down a road which, in the
past, has led to the diminution and, in extreme cases, to the suppression, of
democracy. The basic fact of the matter is that to seek to introduce any
qualification of the principle that it is the Courts who interpret and apply the law
in situations of legal dispute is to start down a very slippery slope indeed. This
is as true of the European Court of Justice and its role of interpretation of the
treaties and Community law as it is of national courts. Mr Flynn said: "Frankly,
I find it incredible that politicians who come from a legal tradition in which judicial
precedent has, for hundreds of years, played a crucial role should suddenly find
it shocking that, in a European context, it is the Court of Justice which is the final
arbiter of legal interpretation."
MIDDAY EXPRESS
From EUROPA, the European Commission Server at http://www.cec.lu/
© ECSC - EC - EAEC, Brussels-Luxembourg, 1995, 1996
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