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European Commission Spokesman's Briefing for 97-08-05

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>

MIDDAY EXPRESS

News from the Spokesman's midday briefing

Nouvelles du rendez-vous de midi du Porte-Paroleb

05/08/97


CONTENTS / CONTENU

  • [01] La Commission vient d'approuver la création de Scandairy K/S, une entreprise commune entre Arla ekonomisk förening et MD Foods amba
  • [02] EU presses US to change Telecoms rules
  • [03] Economic sentiment at record level

  • [01] La Commission vient d'approuver la création de Scandairy K/S, une entreprise commune entre Arla ekonomisk förening et MD Foods amba

    La Commission européenne vient d'approuver la création de Scandairy K/S, une entreprise commune dans le secteur laitier entre la coopérative laitière suédoise Arla ekonomisk förening et la coopérative laitière danoise MD Foods amba. Suite à de sérieux doutes exprimés par la Commission quant à la compatibilité de la filiale commune avec les règles de concurrence, les parties ont décidé de restreindre son champ d'activités. Suite à ces changements, qui limitent la coopération à un nouveau secteur alimentaire dont le développement rapide requiert de grands investissements dans la recherche et le développement, la Commission considère que les préoccupations actuelles ont été dissipées bien que la coopération devra être réexaminée après une période initiale de 7 ans.

    [02] EU presses US to change Telecoms rules

    The European Commission has warned the United States today that it risks violating its world trading obligations by the manner in which it is planning to incorporate a recent global agreement on telecoms services into US law. The EU is concerned that draft US rules implementing the WTO Basic Telecoms deal reached last February would breach WTO rules by maintaining the right to deny telecoms licences on ill-defined 'public interest' and other grounds. The EU is urging the US to reconsider the draft rules. Otherwise the EU reserves its right to challenge those rules under the WTO.

    [03] Economic sentiment at record level

    In July 1997 the industrial and consumer confidence increased significantly leading the economic sentiment indicator at its highest level of the last 7 years, the monthly Business and Consumer Surveys of the European Commission report. The overall improvement in the monthly results of industry was confirmed by the better results for the inflow of the new orders and for capacity utilization (81.8% in July, according to preliminary figures). Consumer confidence improved for the second consecutive month. Consumers' willingness to buy durables has increased following a better outlook for growth and unemployment.

    MIDDAY EXPRESS


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


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