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European Commission Spokesman's Briefing for 09-01-26

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] Moyen-Orient : Louis Michel annonce 58 millions d'euros supplémentaires d'aide humanitaire pour les populations palestiniennes vulnérables
  • [02] Financial markets: Commission adopts measures to strengthen supervisory committees and standard-setting bodies for accounting and auditing
  • [03] Commission sets out steps to clarify the responsibilities of UCITS depositaries (see <a href="http://europa.eu/rapid/pressReleasesAction.do?reference=MEMO/09/27&format=HTML&aged=0&language=FR&guiLanguage=en">MEMO/09/27)
  • [04] Commissioner Ferrero-Waldner to attend Belarus Troika in Brussels
  • [05] Les États membres renforcent l'effort de financement de la Commission européenne en faveur de projets d'infrastructure dans le voisinage de l'UE
  • [06] Commissioner Janez Potočnik addresses the European Road Transport Research Advisory Council (ERTRAC) conference
  • [07] Visit to Liechtenstein: Commissioner Hübner set for talks with Prince Alois and Prime Minister Hasler
  • [08] Mergers: Commission approves proposed joint venture between Samsung Electronics and Samsung SDI
  • [09] Autre matériel diffusé Midday Express of 2009-01-26 Reference: MEX/09/0126 Date: 26/01/2009 EXME09 / 26.01

    MIDDAY EXPRESS

    News from the Communication Directorate General's midday briefing

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

    26/01/09


  • [01] Moyen-Orient : Louis Michel annonce 58 millions d'euros supplémentaires d'aide humanitaire pour les populations palestiniennes vulnérables

    Le Commissaire européen chargé du développement et de l'aide humanitaire, Louis Michel, a annoncé ce plan de financement alors qu'il est en visite au Moyen-Orient en mission humanitaire durant deux jours. Le Commissaire Michel utilise cette visite pour voir de ses propres yeux la destruction de Gaza après le conflit et pour témoigner combien les conditions de vie y sont difficiles pour la population palestinienne qui compte 1,5 million d'individus. Il visitera également la ville israélienne de Sderot et tiendra des réunions avec les principaux responsables politiques israéliens et palestiniens.

    [02] Financial markets: Commission adopts measures to strengthen supervisory committees and standard-setting bodies for accounting and auditing

    The European Commission has adopted a set of decisions to strengthen the supervisory framework for EU financial markets, in order to improve supervisory cooperation and convergence between Member States and to reinforce financial stability. Under the new rules, the three committees that supervise, respectively, the securities , banking and insurance sectors will benefit from a clearer operational framework and more efficient decision-making processes. In addition, the Commission proposes that these committees, as well as key bodies involved in the standard- setting process for financial reporting and auditing at both EU and international level , should be provided with financial support from the EU budget so that they can achieve their objectives as rapidly and efficiently as possible. The proposal for financial support now passes to the Council and the European Parliament for consideration.

    [03] Commission sets out steps to clarify the responsibilities of UCITS depositaries (see <a href="http://europa.eu/rapid/pressReleasesAction.do?reference=MEMO/09/27&format=HTML&aged=0&language=FR&guiLanguage=en">MEMO/09/27)

    The UCITS regulatory framework has proved very resilient during the current crisis. However, the depositaries of 4 UCITS funds (from a population of 30'000 funds) entrusted fund assets, worth 1.6bn€ to Madoff entities and those assets have not yet been recovered. On the 12th January, Mme Lagarde, the Minister for finance and economy in France addressed a letter to Commissioner McCreevv highlighting the diverging approaches that Member states have taken on the role and liability of UCITS funds' depositaries. This situation could imply intolerable differences in investor protection depending on the domicile of fund depositaries. This matter was also discussed by EU Finance Ministers at ECOFIN Council on 20th January. On the occasion of the ECOFIN Council, Commissioner McCreevy explained the steps that the Commission will take to respond to these concerns.

    [04] Commissioner Ferrero-Waldner to attend Belarus Troika in Brussels

    European Commissioner for External Relations and European Neighbourhood Policy, Benita Ferrero-Waldner, will participate in the EU-Belarus Foreign Ministers' Troika meeting in Brussels on 27 January. This is the second ministerial Troika with Belarus following the Council's decision to suspend the visa ban against Belarusian officials for the period of 6 months. From the Belarusian side Foreign Minister Martynov will take part in the meeting, which will touch upon the state of play of EU-Belarus relations, internal developments in the country, regional matters, the economic situation and energy issues.

    [05] Les États membres renforcent l'effort de financement de la Commission européenne en faveur de projets d'infrastructure dans le voisinage de l'UE

    La signature de l'accord sur le fonds fiduciaire FIPV en marge du Conseil Affaires générales et relations extérieures du 26 janvier 2009 permettra aux États membres de l'UE de fournir des fonds supplémentaires la facilité d'investissement dans le cadre de la politique de voisinage (FIPV), qui est un levier essentiel de la politique européenne de voisinage. Ce fonds fiduciaire a été constitué par la Banque européenne d'investissement afin de percevoir les contributions bilatérales des États membres au financement de projets d'infrastructure prévus dans les pays voisins du sud et de l'est de l'Union. En 2008, 15 États membres se sont engagés fournir un montant total de 37 millions d'euros qui viendra s'ajouter aux 100 millions d'euros déj fournis par le budget communautaire.

    [06] Commissioner Janez Potočnik addresses the European Road Transport Research Advisory Council (ERTRAC) conference

    Today, Commissioner Janez Potočnik addresses the European Road Transport Research Advisory Council (ERTRAC) conference. He will stress on EU reseach's action towards greener car transport, and will notably explain more about the European Commission's "Green cars initiative". ERTRAC will unveil the scenarios for Europe's road transport system of the future, and set out what the sector needs to do to achieve a step-change in the sustainability of road transport. The accompanying MEMO provides with information of how EU research policy contributes to the overall EU's objective to fight climate change by supporting transport research.

    Rediffusion

    [07] Visit to Liechtenstein: Commissioner Hübner set for talks with Prince Alois and Prime Minister Hasler

    Danuta Hübner, European Commissioner for Regional Policy, will meet Prime Minister Otmar Hasler and Hereditary Prince Alois of Liechtenstein in Vaduz on Monday 26 January, for talks focused on strengthened cooperation between the European Union, Liechtenstein and Switzerland.

    [08] Mergers: Commission approves proposed joint venture between Samsung Electronics and Samsung SDI

    The European Commission has approved under the EU Merger Regulation the acquisition of joint control over a joint venture, Samsung Mobile Display, by Samsung Electronics and Samsung SDI, both of Korea. Samsung SDI had previously spun off its activities in the area of small and medium LCD panels and organic light-emitting diodes (“OLEDs&#8221;), a specific type of ultra thin, ultra bright display technology which does not require a backlight, into Samsung Mobile Display, which is currently solely controlled by Samsung SDI. The Commission concluded that the transaction would not significantly impede effective competition in the European Economic Area (EEA) or any substantial part of it.

    [09] Autre matériel diffusé

    • Memo on Greening road transport: EU-funded research supports EU's environmental objectives

    • Memo Responsibilities of UCITS depositaries: Frequently Asked Questions (see <a href="http://europa.eu/rapid/pressReleasesAction.do?reference=IP/09/126&format=HTML&aged=0&language=EN&guiLanguage=en">IP/09/126)

    • Speech by Commissioner Piebalgs 'Establishment of the International Renewable Energy Agency', Bonn From EUROPA, the European Commission Server at http://europa.eu.int/


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