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European Commission Spokesman's Briefing for 02-01-25

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] Commission clears joint venture between Meneta and TDM in the field of anti-vibration devices for automobile disc brakes
  • [02] Commission clears joint venture between Endesa and Sonae
  • [03] Commission clears acquisition of Jardine Motors Group France by PGA Motors
  • [04] Urban II programme : EU contributes €5.3 million to urban regeneration in the City of Gothenburg (Sweden)
  • [05] Urban II programme : EU contributes €5.3 million to urban regeneration in Helsinki-Vantaa (Finland)
  • [06] Urban II programme : EU contributes €5.3 million to urban regeneration in Dublin - Ballyfermot (Ireland)
  • [07] Urban II programme : EU contributes €5.3 million to urban regeneration in Århus (Denmark)
  • [08] Social protection in Europe in 1999 - Per capita expenditure range from 1 to 2.5 in Member States - Expenditure on social protection remained stable at 27.6% of GDP
  • [09] Frits Bolkestein urges decisive action on completing Internal Market
  • [10] Autre matériel diffusé Midday Express 25/01/2002 TXT: FR ENPDF:DOC:Midday Express 25/01/2002

  • [01] Commission clears joint venture between Meneta and TDM in the field of anti-vibration devices for automobile disc brakes

    The European Commission has cleared under the EU's merger control rules a joint venture called Meneta Advanced Shims Technology A/S (MAST) between Danish company Meneta, part of the A.P. Moller group, and German company TDM, ultimately controlled by HSBC Holdings plc. The joint venture will manufacture antivibration systems for automobile disc brakes.

    [02] Commission clears joint venture between Endesa and Sonae

    The European Commission has granted clearance under the Merger Regulation to the creation of a joint venture called Ecocicloendesa Energia between Spanish company Endesa Energía S.A. and Spinveste SGPS S.A., a Portuguese company which belongs to group SONAE SGPS, S.A. Ecocicloendesa will be active as a trader and supplier of electricity to eligible customers i.e. customers which can already benefit from the partial liberalisation of the European electricity sector. (The operation was examined under the simplified merger review procedure)

    [03] Commission clears acquisition of Jardine Motors Group France by PGA Motors

    The European Commission has granted clearance under the Merger Regulation to the acquisition of control of Jardine Motors Group France by PGA Motors S.A., two distributors of motor vehicles in France. (The operation was examined under the simplified merger review procedure)

    [04] Urban II programme : EU contributes €5.3 million to urban regeneration in the City of Gothenburg (Sweden)

    Michel Barnier, European Commissioner responsible for regional policy, has announced the approval by the Commission of a programme for urban regeneration in the City of Gothenburg in Sweden. This Urban Community Initiative Programme will provide €5.3 million from the EU over the period 2000-2006. The European funding has attracted €9.2 million in further investment from the public sector and €1.5 million from the private sector, creating total resources of €16 million. Priorities will include training, improvements to the business environment and various measures to promote the inclusion of disadvantaged groups, particularly into the labour market.

    [05] Urban II programme : EU contributes €5.3 million to urban regeneration in Helsinki-Vantaa (Finland)

    Michel Barnier, European Commissioner responsible for regional policy, has announced the approval by the Commission of a programme for urban regeneration in Helsinki-Vantaa. This Urban Community Initiative Programme will provide €5.3 million from the EU over the period 2000-2006. The European funding has attracted €15 million in further investment from the public sector and €2.2 million from the private sector, creating total resources of €22.5 million. Priorities will include training, improvements of the business environment and various measures to promote the inclusion of disadvantaged groups, particularly into the labour market.

    [06] Urban II programme : EU contributes €5.3 million to urban regeneration in Dublin - Ballyfermot (Ireland)

    Michel Barnier, European Commissioner responsible for regional policy, has announced the approval by the Commission of a programme for urban regeneration in the Ballyfermot area in Dublin. This Urban Community Initiative Programme will provide €5.3 million from the EU over the period 2000-2006. The European funding has attracted €6.1 million in further investment from the public sector creating total resources of €11.4 million. The strategy in Ballyfermot is designed to enable local development through innovative flagship models. The programme identifies a variety of needs, social exclusion being the main focus. The programme aims to tackle social exclusion of key target groups and to invest as well in infrastructure projects in the area.

    [07] Urban II programme : EU contributes €5.3 million to urban regeneration in Århus (Denmark)

    Michel Barnier, European Commissioner responsible for regional policy, has announced the approval by the Commission of a programme for urban regeneration in the Gellerup, Hasle and Herredsvang area in Århus. This Urban Community Initiative Programme will provide €5.3 million from the EU over the period 2000-2006. The European funding has attracted €6.6 million in further investment from the public sector and €0.1 million from the private sector, creating total resources of €12 million. Priorities will include training, improvements of the business environment and various measures to promote the inclusion of disadvantaged groups, particularly into the labour market.

    [08] Social protection in Europe in 1999 - Per capita expenditure range from 1 to 2.5 in Member States - Expenditure on social protection remained stable at 27.6% of GDP

    Expenditure on social protection accounted for 27.6% of GDP in the EU in 1999, the same ratio as in 1998. After increasing in the early 1990s, from 25.5% in 1990 to 28.8% in 1993, expenditure on social protection as a percentage of GDP then fell to 27.6% in 1998. Expenditure on the 'old age' and 'survivors' functions ranked first among social benefits in most of the Member States in 1999, with a weight of 46.0% in average throughout the EU. Expenditure on 'sickness, health care and disability' came second (34.9%), followed by expenditure on 'family/children' benefits (8.5%), 'unemployment' (6.8%) and 'housing and social exclusion' (3.8%). As for the funding of social protection, social contributions fell as a component of total receipts in the EU during the 1990s, with the figure dropping from 67.1% in 1990 to 60.6% in 1999. This reduction was offset by a rise in tax- funded general government contributions : up from 28.8% in 1990 to 35.7% in 1999.

    [09] Frits Bolkestein urges decisive action on completing Internal Market

    European Internal Market Commissioner Frits Bolkestein told the EU's Economic and Social Committee today that current economic uncertainty made it even more essential to take decisive action to release the full potential of the Internal Market. Only then can Europe become the most competitive economy in the world by 2010. "There is a difference between saying we will do something and actually doing it. The Barcelona European Council in March is an opportunity for our political leaders to reconfirm their reform credentials and to inject a renewed sense of urgency." Mr Bolkestein welcomed progress on telecommunications, e-commerce, the European Company Statute and the Financial Services Action Plan. However, faster action was needed on liberalising energy markets, the Community Patent, the Takeovers Directive and on public procurement. Europe also needed to tackle rigidities in the services market and tax obstacles to cross border activity. Mr Bolkestein reminded the Committee that the Commission was working with the other institutions on an Action Plan for June 2002 to improve poor quality European and national regulation costing the European economy at least €50 billion a year. "We cannot expect our companies to become the most competitive in the world if we hang an albatross around their necks", he said.

    [10] Autre matériel diffusé

    Calendrier du 28 janvier au 1er février

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


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