State aid to Irish Broadcasting and Media

The European Commission has published is the Official Journal of the European Union (OJ),a decision to propose appropriate measures, which were subsequently accepted, for state aid to Ireland. The Decision was adopted on the 2nd of February 2008 will finance Radio Teilifís Éireann (RTÉ) and Teilifís na Gaeilge (TG4) with 220 meros.

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Euro area external trade deficit 2.3 bn euro (March 2008)

The first estimate for the euro area (EA15) trade balance with the rest of the world in March 2008 gave a 2.3 bn euro deficit, compared with +7.5 bn in March 2007. The February 2008 balance was +0.8 bn, compared with -1.6 bn in February 2007. In March 2008 compared with February 2008, seasonally adjusted exports fell by 2.9% while imports remained stable. These data are released by Eurostat, the Statistical Office of the European Communities.

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Green paper on adapting to climate change in Europe

On 29 June 2007 the European Commission decided to consult the European Economic and Social Committee, under Article 262 of the Treaty establishing the European Community, on the Green Paper from the Commission to the Council, the European Parliament, the European Economic and Social Committee and the Committee of the Regions — Adapting to climate change in Europe — Options for EU action.

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EESC observes updating and streamlining necessary for EU legislation on goods

On the 16th May 2008 a report on the opinion of the European Economic and Social Committee concerning three main topics was punlished in the Official Journal of the European Union. These topics were:

  1. ‘Proposal for a Regulation of the European Parliament and of the Council laying down procedures relating to the application of certain national technical rules to products lawfully marketed in another Member State (Regulation (COM(2007) 36 final).
  2. ‘Proposal for a Decision of the European Parliament and of the Council on a common framework for the marketing of products’ (Decision (COM(2007) 53 final) .

‘Proposal for a Regulation of the European Parliament and of the Council setting out the requirements for accreditation and market surveillance relating to the marketing of products’ (Regulation (COM(2007) 37 final).

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Welsh Red Meat (Training for Processors and Marketers) aid Scheme

Wales, within the United Kingdom has received a training aid from the European Union. The European Commission published its notification granting the state aid under Commission Regulation (EC) No 68/2001 on the application of Articles 87 and 88 of the EC Treaty to training aid. The scheme is called the Welsh Red Meat (Training for Processors and Marketers) Scheme.

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Published budgetary aspects and mobilisation of the European Globalisation Adjustment Fund

The European Parliment and Council have published a decision oon the mobilisation of the European Globalisation Adjustment Fund in accordance with point 28 of the Interinstitutional Agreement of 17 May 2006 between the European Parliament, the Council and
the Commission on budgetary discipline and sound financial management.

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Strauss-Kahn tells MEPs impact of financial market crisis will be protracted

IMF Managing Director Dominique Strauss-Kahn told MEPs on Thursday that while the worst of the financial market crisis itself was probably over, the impact on the real economy would continue at least for the rest of the year. He also spoke about the food price crisis and reform of financial market supervision.

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Commission encourages applications for new Expert Group on Financial Education

The European Commission is to create an Expert Group on Financial Education (EGFE). The group will be composed of financial education practitioners and will aim to promote exchange of ideas, experiences and best practices. The group will also advise the Commission on its policy-making in the area of financial education. Interested candidates are invited to send an application to the Commission by 13 June 2008.

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EU-UEFA launch helpline for fans travelling to EURO 2008

EU Consumer Commissioner Meglena Kuneva announced, on the 15th of May 2008, the launch of an EU- UEFA information campaign and helpline to advise fans travelling to EURO 2008 on their consumer rights and to provide support for those who run into problems between the opening match on 7th June in Basel and the final on 29th June in Vienna.

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Euro area annual inflation down to 3.3%

Eurostat, the Statistical Office of the European Communities, has released figures on inflation within the Euro area for April 2008.

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