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European Commission Spokesman's Briefing for 04-12-17

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] Accession boosts farm income in new Member States by more than 50%, says Eurostat
  • [02] Financial services : final adoption of Transparency Directive will help investors and boost trust in markets
  • [03] Budget 2005 : le premier budget de l'UE arrêté par et pour l'Union élargie
  • [04] Commission clears acquisition of Peguform by Cerberus
  • [05] 233 projets culturels européens subventionnés en 2004 dans le cadre du programme Culture 2000
  • [06] October 2004 compared to September 2004 : industrial production down by 0.5% in euro-zone - EU25 down by 0.3%
  • [07] Autre matériel diffusé Midday Express of 2004-12-17 Reference: MEX/04/1217 Date: 17/12/2004 EXME04 / 17.12

    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

    17/12/04


  • [01] Accession boosts farm income in new Member States by more than 50%, says Eurostat

    The first estimates of agricultural income for 2004 show a year-on-year increase of 3.3% in the European Union as a whole. This increase was primarily thanks to the contribution of the new Member States, where agricultural income increased by an average of 53.8%. This shows the overwhelmingly positive impact of accession to the EU on the agricultural sector, through access to the Single Market and implementation of the Common Agricultural Policy. Income in the "old" 15 Member States also increased this year, by 0.8%. "These results are excellent news for European farmers, particularly in the new Member States", said Mariann Fischer Boel, European Commissioner for Agriculture and Rural Development. "They show that the concerns voiced by some in the lead-up to enlargement were unfounded. The new Member States' accession to the CAP has brought new security and new opportunities to their farmers. I'm also delighted that real farm income in the "old" Member States has returned to its long-term upward trend. I am certain that all EU farmers will be able to build on this success as the new CAP reforms come on stream."

    [02] Financial services : final adoption of Transparency Directive will help investors and boost trust in markets

    The European Commission has welcomed the definitive adoption of the Directive on minimum transparency requirements for listed companies. The Directive will raise the quality of information available to investors on companies' performance and financial position as well as on changes in major shareholdings. This should contribute to better investor protection, enhanced investor confidence and a better functioning of European capital markets. This adoption is a major step towards integrated European financial markets that investors and the public can trust. The Directive must be implemented by Member States within two years of its publication in the EU's Official Journal, which should take place in the next few weeks.

    [03] Budget 2005 : le premier budget de l'UE arrêté par et pour l'Union élargie

    Le Parlement européen a arrêté, le 16 décembre, le budget de l'Union européenne pour 2005. Il s'agit du premier budget prenant en compte les priorités politiques et les besoins d'une Union élargie pour un exercice complet. C'est aussi le premier budget arrêté par un Parlement et un Conseil représentant l'ensemble des 25 Etats membres.

    [04] Commission clears acquisition of Peguform by Cerberus

    The European Commission has granted clearance under the EU Merger Regulation to the acquisition of sole control of German company Peguform GmbH & Co. KG i.L by Cerberus Group, USA. Peguform Holding is a newly created holding company established for the acquisition of Peguform. Peguform has been involved in insolvency proceedings. It is controlled by Cerberus, a financial investment company with investments in manufacturing, telecommunications, computer software, and other sectors. Peguform is active in the production and sale of car components, and supplies car manufacturers in Europe, Mexico, and Brazil. The notified transaction involves the acquisition by Peguform Holding of substantially all of the assets of the insolvent Peguform, including participations in two European joint ventures, Celulosa Fabril S.A. and Sociedad Portugesa de Pintura e Modulos para Industria Automovel S.A. The result of the transaction is that Peguform will be an Operating Entity controlled by Peguform Holding and thus by Cerberus Group. The operation was examined under the simplified merger review procedure.

    [05] 233 projets culturels européens subventionnés en 2004 dans le cadre du programme Culture 2000

    Des subventions ont été accordées à 233 projets, dont la plupart mettent l'accent sur le patrimoine culturel, domaine prioritaire en 2004. Ces projets se partageront une aide financière de 32 millions d'€ environ. Trente pays européens participent au programme Culture 2000 (2000-2006) qui, cette année, aide plus de 850 opérateurs culturels à mener en collaboration des projets présentant une dimension européenne.

    [06] October 2004 compared to September 2004 : industrial production down by 0.5% in euro-zone - EU25 down by 0.3%

    Seasonally adjusted industrial production fell by 0.5% in the euro-zone in October 2004 compared to September 2004, Eurostat estimates today. Production rose by 0.8% in September after a drop of 0.7% in August. Output in the EU25 declined by 0.3% in October 2004, after a rise of 0.6% in September and a fall of 0.6% in August. In October 2004 compared to October 2003, industrial production rose by 1.0% in both the euro-zone and the EU25.

    [07] Autre matériel diffusé

    Speech by Charlie McCreevy : "The years ahead in the Barroso Commission" at the Association of European Journalists (Dublin)

    Note on the Environment Council (20/12)

    Calendrier du 20 au 23 décembre 2004 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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