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European Commission Spokesman's Briefing for 07-01-10
From: EUROPA, the European Commission Server at <http://europa.eu.int>
CONTENTS / CONTENU
[01] Marché intérieur : la Commission salue la publication du rapport sur
les agences de notation de crédit
[02] Commission clears acquisition of NB by HAL and Egeria
[03] Commission allocates €15,5 million in humanitarian aid to vulnerable
groups in Myanmar/Burma and Burmese refugees
[04] Indonesia and EU agree to tackle illegal logging through a "FLEGT"
Partnership
[05] Commission convenes the Oil Supply Group to address oil supply
disruptions to the EU
Midday Express of 2007-01-10
Reference: MEX/07/0110
Date: 10/01/2007
EXME07 / 10.1
MIDDAY EXPRESS
News from the Communication Directorate General's midday briefing
Nouvelles du rendez-vous de midi de la Direction Générale Communicationb
10/01/07
[01] Marché intérieur : la Commission salue la publication du rapport sur
les agences de notation de crédit
La Commission européenne a salué la publication, par le Comité européen
des régulateurs de valeurs mobilières (CERVM), d'un rapport qui décrit
dans quelle mesure les agences de notation de crédit respectent le code de
l'Organisation internationale des commissions de valeurs (OICV). Ce rapport
conclut que dans l'ensemble, les principales agences de notation respectent
le code, mais relève également divers écarts. Le CERVM a reçu pour
mission de vérifier que les agences de notation se conformaient à ce code,
mission qui lui a été confiée dans le cadre de la nouvelle politique de
la Commission concernant les agences de notation, qui consiste à combiner
les directives relatives aux marchés financiers avec l'autorégulation des
entreprises du secteur (voir IP/06/8).
[02] Commission clears acquisition of NB by HAL and Egeria
The European Commission has granted clearance under the EU Merger
Regulation to the acquisition of joint control of N.V. Nationale Borg-
Maatschappij (NB) of The Netherlands by HAL Investments B.V. (HAL) and
Egeria Capital B.V. (Egeria), both of The Netherlands. HAL is an
international investment company investing in companies in a wide range of
sectors. Egeria is a private equity firm making investments in companies in
the Netherlands or in companies having a Dutch link. NB is an insurance
company specialised in issuing bonds and guarantees. The operation was
examined under the simplified merger review procedure.
[03] Commission allocates €15,5 million in humanitarian aid to vulnerable
groups in Myanmar/Burma and Burmese refugees
The European Commission has allocated €15.5 million in humanitarian aid
for vulnerable groups in Burma/Myanmar and to Burmese refugees along the
Myanmar-Thai border. The decision will help address some of the basic
humanitarian needs of around one million needy people in Myanmar. Aid will
be provided in the health, food aid, nutrition, and water and sanitation
sectors, as well as for the protection of certain threatened groups. It
will also support humanitarian assistance to over 150,000 Burmese refugees
along the Myanmar-Thai border who are almost entirely dependent on
international aid. The funding is managed by the Commission's Humanitarian
Aid department (ECHO), under the responsibility of Commissioner Louis
Michel.
[04] Indonesia and EU agree to tackle illegal logging through a "FLEGT"
Partnership
The Hon. M.S. Kaban, Minister of Forestry of Indonesia met European
Commissioners Louis Michel and Stavros Dimas, responsible for Development
and Environment respectively, in Brussels on 8th January 2007. They agreed
to initiate formal negotiations towards conclusion of a voluntary
partnership agreement (VPA) on Forest Law Enforcement, Governance and Trade
(FLEGT), which will provide assurance that Indonesian forest products
imported to the EU are verified to be legal. The agreement will also
provide for cooperation, including capacity building, market and technical
studies and knowledge-sharing.
[05] Commission convenes the Oil Supply Group to address oil supply
disruptions to the EU
The European Commission is convening this Thursday morning a meeting of its
Oil Supply Group to analyze the impact of the recent cuts in oil supplies
from Russia via Belarus and to possibly explore measures in the case of any
shortage of oil products. "It is unacceptable that energy suppliers or
transit countries do not inform their counterparts about decisions that may
affect their supplies. We call upon the two Parties involved to rapidly
find a mutually acceptable solution to the current situation and to restore
oil supplies to the European Union immediately. It is also important to
ensure that ways are found to avoid this kind of disruption to energy
supplies occurring again", said Commissioner Piebalgs on 9 January.
From EUROPA, the European Commission Server at http://europa.eu.int/
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