Visit the American Hellenic Media Project (AHMP) Homepage A)? GHT="50">
Compact version
Today's Suggestion
Read The "Macedonian Question" (by Maria Nystazopoulou-Pelekidou)
HomeAbout HR-NetNewsWeb SitesDocumentsOnline HelpUsage InformationContact us
Saturday, 23 March 2019
 
News
  Latest News (All)
     From Greece
     From Cyprus
     From Europe
     From Balkans
     From Turkey
     From USA
  Announcements
  World Press
  News Archives
Web Sites
  Hosted
  Mirrored
  Interesting Nodes
Documents
  Special Topics
  Treaties, Conventions
  Constitutions
  U.S. Agencies
  Cyprus Problem
  Other
Services
  Personal NewsPaper
  Greek Fonts
  Tools
  F.A.Q.
 

European Commission Spokesman's Briefing for 98-06-02

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>

MIDDAY EXPRESS

News from the Spokesman's midday briefing

Nouvelles du rendez-vous de midi du Porte-Paroleb

02/06/98


CONTENTS / CONTENU

  • [01] Kinnock endorses "user pays" principle for Europe-wide approach to transport pricing
  • [02] La Commission autorise l'acquisition par Telecom Italia, Endesa et Unión Eléctrica Fenosa de Telecomunicaciones Madrid
  • [03] Commission approves the acquisition of Inter Forward of Sweden by Dan Transport of Denmark
  • [04] Commission clears the acquisition of Alumax by world aluminium leader Alcoa
  • [05] Commission refers the Decision on the Merger between Vendex and KBB to the Dutch Competition Authority
  • [06] Wheat gluten : Commission criticises discriminatory and unjustified trade restrictions applied by the United States
  • [07] Tremblement de terre en Agfhanistan : la Commission européenne accorde une aide humanitaire d'un montant de 1,5 million d'Ecus
  • [08] Financial control of Structural Funds : Commission seminar with candidate countries
  • [09] Hans van den Broek's visit to Armenia, Georgia and Azerbaijan
  • [10] Réunion des Ministres euro-méditerranéens des Affaires étrangères
  • [11] Mario Monti : "Effective and efficient risk capital markets are crucial for SME development in Europe"

  • [01] Kinnock endorses "user pays" principle for Europe-wide approach to transport pricing

    Neil Kinnock, the European Commissioner responsible for transport policy, today announced that "paying-for-what-you-use" would be the key principle in the White Paper on transport charging due for publication this summer. Unless and until users know how much it costs (in infrastructure or environmental damage as well as fuel costs or driver's wages) to travel a particular route at a particular time and are fairly charged for that use, transport behaviour is unlikely to change. Congestion will then continue to increase, putting additional strains on the environment and on the quality of life and imposing extra burdens on the efficiency of business. The "user-pays" principle was recommended by a panel of transport experts asked by Mr Kinnock to investigate how charging could be used to help curb congestion, reduce environmental pressures and accidents, facilitate the financing of transport infrastructure and curb the market distortions resulting from the current inconsistent mixture of national pricing schemes.

    [02] La Commission autorise l'acquisition par Telecom Italia, Endesa et Unión Eléctrica Fenosa de Telecomunicaciones Madrid

    La Commission européenne a autorisé une opération par laquelle les sociétés STET International Netherlands N.V., appartenant au groupe Telecom Italia, GET, au groupe Endesa, et Unión Fenosa Inversiones, au groupe Unión Eléctrica Fenosa, acquièrent le contrôle conjoint de CYC Telecomunicaciones Madrid (CYC). CYC est une entreprise espagnole qui a obtenu la concession pour la construction d'un réseau de câbles ainsi que pour la fourniture de services de télécommunications par câble à Madrid. Les sociétés mères de CYC sont les mêmes qui contrôlent Retevisión, détentrice de la deuxième licence de télécommunications en Espagne.

    [03] Commission approves the acquisition of Inter Forward of Sweden by Dan Transport of Denmark

    The European Commission has approved the acquisition of Inter Forward of Sweden by Dan Transport of Denmark. Dan Transport A/S is a subsidiary of FLS Industries A/S of Denmark. Dan Transport is engaged in freight forwarding by road, air, rail and sea as well as logistics. The FLS Group is engaged in activities such as engineering, building materials, packaging aerospace and freight forwarding services. Inter Forward AB is a subsidiary of Förvaltnings AB Ratos of Sweden. Inter Forward is active in freight forwarding by road. The main markets affected by the operation are the domestic Swedish market for freigth forwarding by road and the international markets for freight forwarding by road between Scandinavia and the rest of Europe.

    [04] Commission clears the acquisition of Alumax by world aluminium leader Alcoa

    The European Commission has approved the acquisition by the US company Aluminium Company of America ('Alcoa') of the US-based aluminium producer Alumax, Inc ('Alumax'). Both companies are active in the markets for primary aluminium, flat rolled aluminium and extruded aluminium. Alcoa's activities also encompass up-stream sectors such as the mining of bauxite and the refining of alumina, a raw material for the production of primary aluminium. After investigation of the potential effects of the acquisition, the Commission concluded that no dominant position was likely to arise from the operation, particularly in view of the small competitive overlap and the existence of strong competitors in these markets. For these reasons, the Commission decided not to oppose the concentration and to declare it compatible with the common market and with the functioning of the EEA agreement.

    [05] Commission refers the Decision on the Merger between Vendex and KBB to the Dutch Competition Authority

    The European Commission has decided to refer the merger between Vendex and KBB for further examination to the Dutch Competition Authority (NMa). The NMa has requested that the case be referred to it as it wants to investigate the case in order to determine whether the operation may lead to the creation of a dominant position in the Dutch non food retail sector.

    [06] Wheat gluten : Commission criticises discriminatory and unjustified trade restrictions applied by the United States

    The United States (US) announced on 1 June that safeguard action was being taken against imports of wheat gluten. A quota, with country allocations for the European Union (EU) and for Australia, will be applied for a period of three years from 1 June 1998. It has been evident for some time that the economic situation of wheat gluten in the US, following the Common Agriculture Policy's Reform in the EU and the US FAIR Act, along with significant imports of wheat into the EU from the US, would lead to increased competitivity of European wheat gluten and reduced competitivity of US wheat gluten, inevitably leading to increased imports into the US. This action, which is an absolute quantitative restriction is the most trade restrictive measure that could have been applied and represents a major restriction on European exports. This action is all the more surprising coming from a Government that only 2 weeks ago was calling on World Trade Organisation Members to further liberalise trade in agricultural products. In view of this action by the US, the Commission has instructed its services to assess this action, and to examine all appropriate responses.

    [07] Tremblement de terre en Agfhanistan : la Commission européenne accorde une aide humanitaire d'un montant de 1,5 million d'Ecus

    La Commission européenne a accordé une aide humanitaire d'un montant de 1,5 million d'Ecus pour les victimes du tremblement de terre en Afghanistan de la semaine dernière. L'aide gérée par l'Office Humanitaire de l'Union européenne (ECHO) va permettre aux organisations humanitaires coordonnées par le bureau de ECHO en Afghanistan d'entreprendre une opération immédiate d'aide. Les fonds couvrent essentiellement le matériel nécessaire pour l'assistance médicale et la survie. ECHO surveille l'opération de très près.

    [08] Financial control of Structural Funds : Commission seminar with candidate countries

    The European Commission is organising a two-day seminar in London, beginning today, on methods of internal control and audit of European Structural Funds. For the first time high-ranking officials responsible for control and internal audit in the accession countries have been invited to take part in the discussions along with their counterparts from the European Union's (EU) Member States. In all, 26 countries will be represented at the seminar. The event should be seen as an element in the preparation for enlargement and will provide the representatives from the accession countries with an opportunity to have an in-depth presentation of the mechanisms for the financial control of Structural Funds. During the pre-accession phase the candidate countries are expected to prepare their management and control systems with a view to meet EU requirements on the day they become full members of the EU.

    [09] Hans van den Broek's visit to Armenia, Georgia and Azerbaijan

    European Commissioner for External relations Hans van den Broek will be reaffirming the European Union's (EU) commitment to securing stability, democratisation and sustainable growth in the South Caucasus during a visit to Armenia, Georgia and Azerbaijan from 2-6 June. In meetings with the Presidents of each country, Commissioner van den Broek will emphasise the EU's political and financial support for the region. The EU has negotiated wide-ranging Partnership and Cooperation Agreements with the countries and is the most important provider of assistance to the South Caucasus. He will also call on the leaders of the three countries to step up their regional cooperation, particularly in the fields of transport and energy, where the EU has put in place two major programmes (TRACECA and INOGATE), each of which has so far received EU funding of around ECU 50 million. The aim of this assistance is to enable the countries of the South Caucasus develop transport routes and multiple pipelines linking Central Asia, the South Caucasus and Europe.

    [10] Réunion des Ministres euro-méditerranéens des Affaires étrangères

    Les 3 et 4 juin a lieu à Palerme une réunion ad hoc des Ministres euro- méditerranéens des Affaires Etrangères. Cette réunion informelle fait suite aux Conférences euro-méditerranéennes de Barcelone (novembre 1995) et de Malte (avril 1997), et sera suivie par la Conférence euro- méditerranéenne de Stuttgart en avril 1999. Les Ministres des 27 partenaires euro-méditerranéens (15 Etats Membres de l'Union européenne + 12 Partenaires du Sud de la Méditerranée) et la Commission européenne, représentée par le Vice-Président Manuel Marin, devront dresser un bilan du Processus de Barcelone, un peu plus de deux ans et demi après son lancement. L'objectif de cette réunion ministérielle informelle est triple : confirmer les objectifs du Partenariat à la lumière de l'expérience, consolider ses réalisations concrètes et accroître sa visibilité.

    [11] Mario Monti : "Effective and efficient risk capital markets are crucial for SME development in Europe"

    (! embargo 2.45 pm !) An outline of the European Commission's plans for tackling barriers to raising venture capital finance within the European Union (EU) has been presented by Financial Services and Single Market Commissioner Mario Monti to a Venture Capital Conference organised in London by the UK Presidency of the Council. Initiatives planned include two proposals to widen the scope of EU rules to open up investment fund (UCITS) markets, measures to ease the raising of capital in several different Member States (notably through listings on different exchanges), removal of restrictions on pension fund investments and improved tax treatment of venture capital funds. Mr Monti stressed the importance of partnership between policy makers at all levels, SMEs and venture capitalists. "(There is) a new mood in the risk capital field", Mr Monti concluded. "It is our duty to keep it alive. People and companies must be able to put new ideas and projects into practice in a rapid and cost- effective way. It is our responsibility not to disappoint either small and medium-sized enterprises or those who would like to work in them. Let's prepare the European ground for them."

    MIDDAY EXPRESS


    From EUROPA, the European Commission Server at http://europa.eu.int/
    © ECSC - EC - EAEC, Brussels-Luxembourg, 1995, 1996


    Midday Express: News from the EU Commission Spokesman's Briefings Directory - Previous Article - Next Article
    Back to Top
    Copyright © 1995-2016 HR-Net (Hellenic Resources Network). An HRI Project.
    All Rights Reserved.

    HTML by the HR-Net Group / Hellenic Resources Institute, Inc.
    midex2html v1.04 run on Tuesday, 2 June 1998 - 11:30:09 UTC