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European Commission Spokesman's Briefing for 08-08-14

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] Georgia – the EU sends assistance
  • [02] Euro area GDP down by 0.2% and EU27 down by 0.1%
  • [03] Euro area annual inflation stable at 4.0%
  • [04] Commission clears acquisition of D&M by Bain Capital Midday Express of 2008-08-14 Reference: MEX/08/0814 Date: 14/08/2008 EXME08 / 14.08

    MIDDAY EXPRESS

    News from the Communication Directorate General's midday briefing

    Nouvelles du rendez-vous de midi de la Direction Générale Communicationb

    14/08/08


  • [01] Georgia – the EU sends assistance

    In the face of an armed conflict that may have claimed numerous lives and has displaced thousands of people, Georgia has called on the international community for assistance. Contacts have been good with the Georgian government, and the European Union is providing help through its Civil Protection Mechanism, which was activated on 12 August 2008. Eleven EU Member States – Austria, the Czech Republic, Denmark, Estonia, Finland, France, Greece, Latvia, Lithuania, Poland and Sweden – are providing assistance, including medical supplies, blankets, shelter and food. Austria has provided sufficient basic medical equipment to cover 10000 persons for 3 months. Experts from the Commission's Humanitarian Aid department (ECHO) are in the region and are monitoring the humanitarian situation closely. As the situation on the ground seems to be improving, the EU Monitoring and Information Centre is considering the possibility of dispatching of an assessment and coordination team to Tbilisi. For more information: Civil Protection Unit: <a href="http://ec.europa.eu/environment/civil/index.htm">http://ec.europa.eu/environment/civil/index.htm

    [02] Euro area GDP down by 0.2% and EU27 down by 0.1%

    GDP declined by 0.2% in the euro area (EA15) and by 0.1% in the EU27 during the second quarter of 2008, compared with the previous quarter, according to flash estimates published by Eurostat. In the first quarter of 2008, growth rates were +0.7% in both the euro area and the EU27. Compared with the same quarter of the previous year, seasonally adjusted GDP grew by 1.5% in the euro area and by 1.7% in the EU27 in the second quarter of 2008, after +2.1% and +2.3% respectively in the previous quarter. During the second quarter of 2008, US GDP increased by 0.5% compared with the previous quarter, after +0.2% in the first quarter. In Japan GDP decreased by 0.6% in the second quarter of 2008 (+0.8% in the previous quarter). Compared with the same quarter of the previous year, GDP rose by 1.8% in the US (+2.5% in the previous quarter) and by 1.0% in Japan (+1.2% in the previous quarter).

    [03] Euro area annual inflation stable at 4.0%

    Euro area annual inflation was 4.0% in July 2008, unchanged compared with June. A year earlier the rate was 1.8%. Monthly inflation was -0.2% in July 2008. EU annual inflation was 4.4% in July 2008, up from 4.3% in June. A year earlier the rate was 2.0%. Monthly inflation was -0.1% in July 2008. These figures come from Eurostat. In July 2008, the lowest annual rates were observed in the Netherlands (3.0%), Portugal (3.1%) and Germany (3.5%), and the highest in Latvia (16.5%), Bulgaria (14.4%) and Lithuania (12.4%). Compared with June 2008, annual inflation rose in fifteen Member States, remained stable in five and fell in seven. The lowest 12-month averages up to July 2008 were registered in the Netherlands (1.8%), the United Kingdom (2.6%) and Portugal (2.7%), and the highest in Latvia (15.1%), Bulgaria (12.3%) and Estonia (10.1%).

    [04] Commission clears acquisition of D&M by Bain Capital

    The European Commission has granted clearance under the EU Merger Regulation to the acquisition of sole control of D&M Holdings Inc. of Japan by Bain Capital Investors LLC of the USA. Bain Capital Investors LLC is a private equity investment firm. D&M Holdings Inc. is active in design, production, marketing and distribution of audio visual electronic products. The operation was examined under the simplified merger review procedure.

    A disposition au secrétariat de Jonathan Todd (BERL 03/315):

    Notification préalable d'une opération de concentration :

    CENTREX/ZMB/ENIA/JV 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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