Monthly Archives: July 2012

“2012 London Olympic games – Statement by Androulla Vassiliou

Taking opportunity of the opening ceremony of the 2012 London Olympic Games, Androulla Vassiliou, EU Commissioner responsible for Education, Culture, Multilingualism and Youth, stated: “It gives me great pleasure to see the Olympic and Paralympic Games back in Europe. We … Continue reading

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Spring 2012 Standard Eurobarometer: Public support for Europe 2020 Strategy remains strong

Europeans broadly support the initiatives for growth, stability and jobs put forward by the EU, according to the Spring 2012 Eurobarometer, the bi-annual opinion poll organised by the European Commission. As we move into the second half of the year, … Continue reading

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Employment: Commission proposes €2.7 million from Globalisation Fund to help former Talk Talk workers in Ireland

The European Commission has today proposed to provide Ireland with €2.7 million from the European Globalisation Adjustment Fund (EGF) to help 592 workers made redundant by Talk Talk Broadband Services and three of their suppliers with their re-integration into the … Continue reading

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Mergers: Commission approves acquisition of French automotive supplier FDI’s motorised vehicles business by rival Delphi

The European Commission has cleared under the EU Merger Regulation the proposed acquisition of the motorised vehicles business of FCI S.A. (FCI MVL) of France by Delphi Holding Luxembourg Sarl of Luxembourg. Both parties produce connectors used in motorised vehicles. … Continue reading

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Italy: Joint EIB/CDP loans to Snam for two new gas pipelines

The European Investment Bank (EIB) and Cassa depositi e prestiti (CDP) have approved a 20-year finance contract totalling EUR 400 million for Snam Spa, aimed at supporting the Group’s multiannual investment programmes. An initial tranche of EUR 300 million, already … Continue reading

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New products and services possible using internet access to satellite navigation data

European Data Access Service (EDAS) – a new service of the European Geostationary Navigation Overlay Service (EGNOS) – is designed to make satellite navigation in Europe more reliable and thus more effective for use by commercial applications, which will help … Continue reading

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Commission launches consultation on a future framework for investment funds

The Commission today launched an in-depth consultation on issues arising in the area of investment funds. The consultation focuses on: • the issue of money market funds and how such funds should be regulated in future; • the fund industry’s … Continue reading

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New internet service improves greatly GPS reliability

GPS data can now be obtained via the internet in addition to access via the existing satellite signal. Vice President Antonio Tajani launched today in Brussels the European Data Access Service (EDAS) – a new commercial service of the European … Continue reading

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Mergers: Commission approves acquisition of aviation equipment company Goodrich by rival United Technologies, subject to conditions

Following an in-depth investigation (see IP/12/308) the European Commission has cleared under the EU Merger Regulation the proposed acquisition of Goodrich Corporation by United Technologies Corporation (UTC), both US-based companies active in the production and sale of aviation equipment on … Continue reading

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Draft 2013 Budget: President Barroso’s letter to Heads of State and Government on the Council’s position

President Barroso has sent a letter on 24 July 2012 to all EU Heads of State and Government to express his concern about the Council’s position on the draft 2013 budget. On 24 July, the Council approved without discussion the … Continue reading

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