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4/24/06

EU-Digest: Proud To Be A European

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PROUD TO BE A EUROPEAN

Despite all the internal strife and positioning among the 25 members of the European Union a recent poll showed that 84% of the European citizens are proud to be European. In just a few decades, the European Union has grown to become the third-largest governing institution in the world. Though its landmass is half the size of the continental United States, its $10.5 trillion gross domestic product now eclipses the U.S. GDP, making it the world's largest economy. The European Union is already the world's leading exporter and largest internal trading market. Sixty-one of the 140 biggest companies on the Global Fortune 500 rankings are European, while only 50 are U.S. companies. In space, aviation, medicine, education, sports, you name it, Europeans are excelling.

The comparisons between the world's two great superpowers are even more revealing when it comes to the quality of life. For example, in the European Union, there are approximately 322 physicians per 100,000 people, whereas in the United States there are only 279. The United States ranks 26th among the industrial nations in infant mortality, well below the EU average. The average life span in the 15 most developed EU countries is now 78.01 years, compared to 76.9 years in the United States.

Children in 12 European nations now rank higher in mathematics literacy than their American peers, and in 8 European countries children outscore Americans in scientific literacy. When it comes to wealth distribution -- a crucial measure of a country's ability to deliver on the promise of prosperity -- the United States ranks 24th among the industrial nations. All 18 of the most developed European countries have less income inequality between rich and poor. There are now more poor people living in America than in the 16 European nations for which data are available. America is also a more dangerous place to live. The U.S. homicide rate is four times higher than the European Union's. Even more disturbing, the rates of childhood homicides, suicides, and firearm-related deaths in the United States exceed those of the other 25 wealthiest nations, including the 14 wealthiest European countries. Although the United States is only 4 percent of the world's population, it now contains one-quarter of the world's entire prison population. While the EU member states average 87 prisoners per 100,000 people, the U.S. averages an incredible 685 prisoners per 100,000 people.

Europeans often remark that Americans "live to work," while Europeans "work to live." The average paid vacation time in Europe is now six weeks a year. By contrast, Americans, on average, receive only two weeks. Most Americans would also be shocked to learn that the average commute to work in Europe is less than 19 minutes.

As someone ones wrote: The new European Dream is based on different assumptions about what constitutes freedom and security. For Europeans, freedom is found not in autonomy but in embeddedness. To be free is to have access to many interdependent relationships. The more communities one has access to, the more options one has for living a full and meaningful life. It is exclusivity that brings security -- belonging, not belongings.

4/23/06

Dominican Today: IMF sees world economy growth at 4.9% in 2006, 4.7% in 2007

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IMF sees world economy growth at 4.9% in 2006, 4.7% in 2007

WASHINGTON.– The global economy is on track for another couple of years of solid growth despite high energy prices and the risks stemming from large global imbalances, the International Monetary Fund said Wednesday in its World Economic Outlook.

The United States and China continue to be the main engines of growth, but the economy is improving in both Western Europe and Japan as well, the IMF said. The risks are largely to the downside, the IMF said. The main challenge remains the large imbalances in the current accounts of the United States, China, emerging Asia and the oil-exporting nations.

In the United States, "the overall risks to the outlook are slanted to the downside," the fund said. With a current account deficit of 6.4 percent of gross domestic product, the US is "vulnerable to a swing in investor sentiment that could put downward pressure on the dollar and see a spike in long-run interest rates."

"The recovery in Europe appears to be strengthening," the fund said. "Looking forward, the expansion will continue to depend on strong global demand." The European fiscal policy "remained insufficiently ambitious," the report said. Raising growth rates and reducing unemployment "requires fundamental reforms." Unfortunately, "achieving a public consensus for implementing reforms, has, however, proven more difficult, as recent events in France underscore" the report said. The fund urged Europeans to study the various approaches used on the continent to balance labor market flexibility with effective social safety nets.

Guardian Unlimited: Migrants boost UK's growth

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Migrants boost UK's growth

Eastern Europe migrants have brought powerful benefits to Britain's economy since 10 new countries joined the European Union in 2004, according to research by the Ernst & Young Item Club.

Item, which uses the Treasury's forecasting model, says interest rates are half a percentage point lower than they would have been without the influx of low-cost workers from the new members of the EU club. It calculates that economic growth will be boosted by 0.2 per cent this year, and 0.4 per cent in 2007.

Prensa Latina: EU to Investigate CIA activities in Macedonia

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EU to Investigate CIA activities in Macedonia

The European Union Commission probing secret CIA flights in Europe will visit the old Republic of Macedonia April 27 to 29, local press reported Friday. The 7-member delegation, led by Portuguese deputy Carlos Coelho, will travel to that ex Yugoslavian republic to investigate the circumstances surrounding the December 2003 kidnapping of German citizen Jaled Al Masri, of Lebanese-origin. Al Masri´s arrest will be analyzed with Macedonia Interior Minister Branko Crvenkovski as he was arrested on his way to vacation in the Balkan nation by border police and interrogated for three weeks.

When he was finally freed, he was kidnapped by CIA agents, who brought him by plane to Afghanistan, where he was kept until May 24, 2004.

EURACTIVE: European Union Taxation - Flat Tax - An opportunity to promote economic growth?

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European Union Taxation - Flat Tax - An opportunity to promote economic growth?

Flat tax' is all the talk in the new European member states these days, and calls for tax cuts and simplification are also coming from elsewhere in Europe. Meanwhile, divisions remain on its merits. Simply put, ‘flat tax’ means that everyone is taxed at just one rate. In such a system, in place of a complex set of income tax brackets, the state declares a threshold above which all parties pay a fixed rate on all their income. This threshold is normally low enough to provide an “incentive” for the citizens to prefer paying to dodging their taxes. Such a system taxes all income once and once only, on its inception. As regards corporate taxes, the idea is similar: one bracket should fit all. Analysts are inclined to point out that while in the first half of the 19th century the flat tax rate was the norm in the industrialising states, the first loud calls for a “heavy progressive or graduated income tax” came from Karl Marx in his 1848 Communist Manifesto. Eventually, however, it was the capitalist part of the world that adopted Marx’s call. Since then, the idea has been resurrected a number of times, with quite a number of countries adopting one version or another of the ‘flat tax regime’. And yet, for all the recurring debates, to date no "major" Western economy has switched over (or back) to a flat-rate income tax regime.

According to popular belief, taxpayers all over the world take some eight billion man-hours each year to fill out their tax returns. The modern-day renaissance of the flat-rate income tax was initiated by Estonia in 1991, followed by Latvia (1994), Lithuania (1994), Russia (2001), Serbia (2003), Ukraine (2003), Slovakia (2003), Georgia (2004) and Romania (2005). Bulgaria, Croatia, Greece and Hungary have also been toying with the idea of jumping on the flat tax bandwagon.

Bestlinesports.com: Eurovision Song Contest: Odds favor Greece, Sweden, Romania

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Eurovision Song Contest: Odds favor Greece, Sweden, Romania

The Eurovision Song Contest takes place May 18, just one week before the enormously popular American Idol finale. The United States does not partake in Eurovision Song Contest (the title alone excludes them). Greece, the host country, is listed with odds of +235. The country is hosting is that which won last year, therefore they are the reigning champions. Sweden is listed with +685. Romania is listed with odds of +826. The United Kingdom has odds at +1473. Bosnia is next in line with a payout of $1354 for ever $100 bet. Belgium follows with odds of +1695. Norway is +1866 and Germany +1786. Ireland, which has won on a number of occasions in the past is +8000. Italy is not represented in the odds. Running since 1956, the Eurovision Song Contest is an annual televised song contest with participants from numerous countries whose national television broadcasters are members of the European Broadcasting Union (EBU). The Contest is broadcast on television and radio throughout Europe, in selected countries around the world, and on the Internet.

Currently, the Contest winner is selected by means of a modified version of the Borda count. Each country ranks all the entries and assigns 12 points to their favourite entry; 10 points to their second favourite entry; and 8 down to 1 point to their third to tenth favourites. Countries are not allowed to vote for themselves.

The QandO Blog: - Equality Tax: the Flat Tax for everything

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Equality Tax: the Flat Tax for everything

The first benefit of a flat tax is that it would incorporate a price mechanism into the system of government. As it stands, far too many spending and tax cut proposals are floated on the idea that we'll just pay for it by soaking somebody else. With a uniform flat tax — especially one that does not differentiate between different forms of income — the cost of new spending or tax cuts would be harder to hide.

New York Times: Affordable Europe: Amsterdam - by Gisela Williams

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Affordable Europe: Amsterdam - by Gisela Williams

Affordable accommodation within Amsterdam's tiny and coveted historic center is almost impossible to come by, and even the shortest of taxi rides seems to cost at least 10 euros ($12.40, at $1.24 to the euro). But if you take your cues from the locals who get around on bikes and make do with living on the outskirts, this city can be done on a tight budget.You get what you pay for when it comes to food in the Netherlands, where most ingredients are imported or grown at fairly high cost in greenhouses. So unless you have a strong affinity for bitterballs — fried meatballs that are the buffalo wings of the Netherlands — you can't avoid spending a fairly substantial amount for decent meals. Fortunately, the intimate and cozy Balthazar's Keuken (Elandsgracht 108; 31-20-420-2114), while considered one of Amsterdam's top restaurants, is also one of the most affordable, serving up a three-course prix-fixe meal at 24.50 euros. A typical menu might start with an assortment of five hot and cold appetizers like wild spinach croquettes or cinnamon crostini with spicy beet root, followed with a choice of a meat or a fish main dish like a bouillabaisse with saffron, fennel and red onions and end with a dessert of espresso mascarpone with prunes poached in sherry. A bottle of house wine is 15 euros.

FMNN: JUICED NUMBERS - HOW THE GOVERNMENT GETS THE STATISTICS IT WANTS, MARKETS GET MANIPULATED, AND CITIZENS GET DELUDED - AND WORSE

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JUICED NUMBERS - HOW THE GOVERNMENT GETS THE STATISTICS IT WANTS, MARKETS GET MANIPULATED, AND CITIZENS GET DELUDED - AND WORSE

To answer the exceedingly important question regarding how the markets are manipulated one must recognize that there are two main methods of manipulation.One is direct through daily injections of repos (repurchase agreements) into the market by the Federal Reserve. Repurchase agreements are loans (at Fed Fund rates) issued daily by the Federal Reserve to primary dealers, the proceeds of which are used to buy, for example, Dow index futures, if the Fed seeks to boost the Dow. So, the several primary dealers (e.g. Goldman Sachs, J.P. Morgan) who apparently work under the Fed's direction are able to use these loaned funds to buy or sell various securities and futures to affect the markets. [Note: One species of Repos, POMOS, never has to be repaid, but explaining the significance of that (beyond the obvious) is beyond the scope of this article.] the fact that the loaned funds can be used to purchase derivatives, as well as plain equities, gives the manipulators the tremendous leverage which derivatives afford. Those who doubt whether the government has the capacity to manipulate the markets (and especially the larger markets like the multi-trillion dollar currency and bond markets) are invited to inform themselves about the $32 trillion interest rate derivatives colossus at J.P. Morgan Chase, or the $1.5 trillion derivatives position at the Bank for International Settlements (the Central Bankers' Bank). And that $32 trillion derivative position at Morgan is the position at just one of the Fed’s several “primary dealer” firms.

The other major form of government market manipulation can most accurately be called indirect. It consists of "massaging" various statistical measures and data to come up with results that suit the manipulator's (usually, whatever Presidential Administration has power at a given time) preferences, insofar as its' political, economic, or financial or market goals are concerned.

4/22/06

Morocco Times.com: Migration : Meeting of permanent Morocco-Spanish working group on immigration to be held in Madrid

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Migration : Meeting of permanent Morocco-Spanish working group on immigration to be held in Madrid

The permanent Morocco-Spanish working group on immigration will hold a meeting on Friday in Madrid to discuss several issues related to the migratory phenomenon, notably the problematic of non-accompanied minors and the fight against clandestine immigration mafias, reported MAP news agency.This 7th meeting will be chaired by the Spanish Secretary of State in charge of immigration, Consuelo Rumi, and the Moroccan Director General of Internal Affairs, Mohieddine Amzazi.

Russia controls fuel supplies to much of Europe

World Peace Herald

"Russia controls fuel supplies to much of Europe
By Andrea R. Mihailescu
The Washington Times
Published April 22, 2006

WASHINGTON -- Russia, which has demonstrated its willingness to use energy as a political weapon, is tightening its grip on supplies to Western Europe, with projections showing it will provide 70 percent of the region's natural gas by 2025.

Until recently, members of the European Union were split into two 'zones' of dependence on Russian gas and oil. Russia has a virtual monopoly on supplying gas and oil to new EU members, mostly former Soviet satellites. Old Europe, on the other hand, is less dependent, but that dependence is growing. "

The Age: EU Galileo satellite project on track

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EU Galileo satellite project on track

The European Union's 3.6 billion euro ($A5.97 billion) Galileo satellite navigation project is fully on track, the vice chancellor of Austria, which holds the EU Presidency, said on Friday. Galileo, a 30-satellite system meant to rival the US Global Positioning System (GPS), is scheduled to go into service in 2008. "This very important satellite programme ... is fully on course," Vice Chancellor Hubert Gorbach told a news conference during a meeting of EU ministers on competitiveness.

Xinhua - Bush congratulates Prodi for election win in Italy

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Bush congratulates Prodi for election win in Italy

U.S. President George Bush called Romano Prodi on Friday to congratulate him on his election victory over Italian Prime Minister Silvio Berlusconi, the White House said. Bush told Prodi that he looked forward to working with him and to seeing him soon, according to White House spokesman Scott McClellan. "Italy is a valued ally and a good partner," McClellan said. Bush also called Berlusconi, who had been a staunch supporter of the Iraq war and dispatched Italian troops to join the U.S.-led coalition in Iraq.

MQ7Net: EU thanks Arroyo for move to abolish death penalty

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EU thanks Arroyo for move to abolish death penalty

CEBU CITY—After Spain, the European Union (EU) was next to express its gratitude to President Macapagal-Arroyo for commuting the sentences of all death convicts in the country. “The European Union warmly welcomes the recent announcements by President Macapagal-Arroyo commuting all death sentences into life imprisonment and certifying as urgent the bill on the abolition of the death penalty,” the EU statement read. The statement by the Austrian Presidency on behalf of the EU was released Thursday by Ambassador to the Philippines Herbert Jager of Austria during a press conference on the sidelines of the ongoing counter terrorism experts’ conference (CTEC) at Shangri-la Hotel Resort and Hotel on Mactan Island.

The EU also supported Ms Arroyo’s appeal to Congress to abolish the 12-year-old Republic Act No. 7659 that restored the death penalty. “ The EU is a strong advocate of the abolition of the death penalty worldwide."

4/21/06

A bar code for Europe, bitte.

Le Taurillon, magazine eurocitoyen

"A bar code for Europe, bitte.
By George Kipouros, FC Member, JEF Europe

Friday 21 April 2006 - George Kipouros

For the second time since its accession in 1995, Austria holds the EU’s rotating Presidency during the first six months of 2006. It has been tasked with reviving the debate on EU’s future and the moribund European constitution, while focusing also on further enlargement and external relations.

Austrian Chancellor Wolfgang Schuessel said Europe needed 'some moments of fantasy and flexibility and new thoughts' and these moments seem to have inspired the Presidency logo - a reassembly of the colours of the flags of all Member States in a “bar code”. The bar code unites the EU Member States in a single symbol, representing Europe’s diversity and its unique identity in visual form.

Nonetheless, the present and future identities of the EU still remain in urgent need of definition."

Hudson Institute: The European Nightmare - by John O'Sullivan

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The European Nightmare - by John O'Sullivan

Wherever you look today in Western Europe today, the political diagnosis is the same: paralysis. For Italy, the popular vote percentages in last week's elections say it all: Silvio Berlusconi's outgoing conservative coalition won 49.7 per cent of the total vote and the incoming center-Left coalition led by former "Eurocrat" Romano Prodi gained a victorious 49.8 per cent! Italy is divided right down the middle politically. Under the rules of the Italian constitution—which give the winning party additional seats—Prodi will be handed a secure parliamentary majority. But that will not in fact remedy the stagnation of the popular vote. Prodi's coalition is so divided between former Christian Democrats, former communists, and still-faithful communist true believers that it cannot unite around any reform program that is seriously contentious. It opposed Berlusconi's modest labor market reform—temporary contracts for younger workers to reduce youth unemployment—in the election campaign. So there is little or no prospect of Prodi adopting the wider labor market flexibility, pension reform or tax cuts that Italy badly needs.Yet there is little or no public will—either among Europe's politicians or its voters—to swallow the necessary reforms. Most voters are in work and react like the French students. Many of the unemployed have been pauperized and naturally fear any reform because it might threaten their welfare payments. And political and intellectual elites are in the grip of anti-capitalist theories that treat job flexibility and tax cuts as "barbarism."

Faced by this clash between what the economy needs and what the voters will accept, European politicians act like Romano Prodi. Almost his first words after being elected last week were a promise to help revive the European constitution stalled by hostile votes in France and Holland. It seems an odd priority for an Italian leader.

Venezuelanalysis.com: Latin America's New Consensus - by Greg Grandin " The US grip on its backyard is gone"

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Latin America's New Consensus - by Greg Grandin " The US grip on its backyard is gone"

Over the course of the past seven years, Latin America has seen the rebirth of nationalist and socialist political movements, movements that were long thought to have been dispatched by cold war death squads. Following Hugo Chávez's 1998 landslide victory in Venezuela, one country after another has turned left. Today, roughly 300 million of Latin America's 520 million citizens live under governments that either want to reform the Washington Consensus--a euphemism for the mix of punishing fiscal austerity, privatization and market liberalization that has produced staggering levels of poverty and inequality over the past three decades--or abolish it altogether and create a new, more equitable global economy.

The New Anatolian: Turkey plays the game according to EU rules - by Zeynep Gurcanli

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Turkey plays the game according to EU rules - by Zeynep Gurcanli

Pro-Kurdish Roj-TV, which broadcasts from Denmark, entered Turkish political discussions through a sudden rise in terrorist Kurdistan Workers' Party (PKK) activities in the southeast early last year. Ankara, after closely monitoring the channel's broadcasts, drew the conclusion that Roj-TV is affiliated to the terrorist PKK. The Turkish prime minister's political maneuver of boycotting a scheduled joint news conference with his Danish counterpart Anders Fogh Rasmussen in Copenhagen to protest the presence of a Roj-TV journalist there, again last year, added further fuel to the issue and brought it to the very top of issues addressed by the Turkish public.

Whether Ankara's legal maneuver will have an effect in Copenhagen or not, the owners of Roj-TV haven't been idle. In a recent interview with Reuters, Roj-TV's head Manouchehr Tahsili Zonoozi announced that he plans to set up a 24-hour Kurdish language news station, as well as a radio station and music TV channel.

TMCNet: TalkTalk Introduces Free Broadband Package in Europe - by Niladri Sekhar Nath

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TalkTalk Introduces Free Broadband Package in Europe - by Niladri Sekhar Nath

TalkTalk, the home phone branch of the Carphone Warehouse, soon will be unveiling its new ‘free broadband’ package in Europe. The company claims that the service will reduce phone bills by 60 percent.The package will be launched in July 2006. It offers subscribers an unlimited home phone package that includes local, national and international calls. TalkTalk has started taking advanced orders now for this deal.

Customers will pay a one-time setup fee euro 44.00, and then a monthly line rental fee of euro 16.00 and a per-month service charge of euro 14.00. Local and national calls are included, as are international calls to 28 countries on TalkTalk’s list (which includes the U.S., Australia, and all countries in the EU).

Accoona Corp: Revolutionary Online Technology Provides Vocal Access to Internet Content for All Ages

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Revolutionary Online Technology Provides Vocal Access to Internet Content for All Ages

Accoona Corp., the artificial intelligence-based online search engine, and Acapela Group, the number one supplier of speech technologies in Europe, today launched revolutionary speech-empowered technology that will enable online users to listen to Internet content. The "Accoona Talking Search Bar" is the first such application tied directly to an Internet search engine. Horoscopes, weather bulletins, latest news or full articles, e-mails, meeting notes or work documents... the Accoona Talking Search Bar will read any written information out loud for you with Acapela's intelligent and natural sounding voice. The Talking Search Bar literally converts any written text into speech using an extremely high quality text-to-speech technology, capable of transforming any type of information in real-time as flexibly as the human voice would do.

Consumption mentality is destroying earth

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Consumption mentality is destroying earth

Earth Day 2006 is a day to acknowledge that nothing has been done in our country or around the world to relieve the pressures of the oncoming energy crisis and global warming. Prodigious quantities of ink and paper have been used in recent years by commentators, scientists, economists, some corporate leaders and even a few politicians to warn us that the demand for energy, both electrical and fossil, is increasing dramatically. Likewise, global warming is all but a given, and the dire predictions of its impacts on the ecological systems of our planet are beginning to be seen. On top of the energy crisis and global warming, we humans have been doing everything we can to destroy the planet by overfishing, overpopulating, destroying forests, clearing the land, building everywhere, consuming animals and consuming fuels as if there is an unlimited tomorrow.

Property News: Europe catches up with UK commercial property

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Europe catches up with UK commercial property

UK investment property is performing well compared to other markets but no longer leads the pack in Europe, says RICS’ Global Property Survey. Investor and business demand has started to pick up in other major European centres, notably in Germany and Italy, and investment in commercial real estate worldwide is rising at its fastest pace in 18 months. The sector is shaking off the pressures of high oil prices and renewed investment competition from strengthening stock markets. RICS has forecast total returns on UK commercial property to attain a healthy 17% in 2006, falling to 9% for 2007. Investors are piling into European commercial property regardless of sluggish, static, or even negative rental trends.

Business property demand is firm in Germany and France but high levels of vacant space are still holding back rents. In the UK, rents are picking up, primarily due to a stronger London office market which has benefited from rapid growth in the financial sector.

Daily Times - Foes accuse Turkey of Islamising foreign policy - by Gareth Jones

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Foes accuse Turkey of Islamising foreign policy - by Gareth Jones

Erdogan seems to be vying to become more popular than Arab leaders in the Middle East, but this is a dangerous tactic’ US Congressman Robert Wexler did not mince his words during a visit to Ankara last week when he condemned Turkey’s decision in February to host leaders of the militant Palestinian Islamist group Hamas. “Your opponents have been bolstered and your friends have been deflated (by that invitation),” he told a gathering that included members of Turkey’s ruling Justice and Development Party (AKP) and Foreign Ministry officials. Wexler’s comments, coming nearly two months after the event, underlined the continued repercussions of a visit that outraged Israel and the United States, dismayed the EU and many Turkish diplomats and stirred suspicions that the AKP wants to remould Turkey’s foreign policy along more Islamist lines.

Prime Minister Tayyip Erdogan, who has roots in political Islam, has defended the decision as an attempt, made in good faith, to bridge the gulf between Israel and the Palestinians, who had just handed power to Hamas in a democratic election.

The China Daily: Abbas calls freeze in EU aid 'unjustified'

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Abbas calls freeze in EU aid 'unjustified'

The European Union's freeze on direct aid to the Hamas-led Palestinian government is "unjustified," Palestinian Authority leader Mahmoud Abbas said in a newspaper interview published Friday. Abbas said he would explain his position during visits to Norway, Turkey and France next week, "so that the Palestinians are not penalized by the economic blockade. I believe that the stop in European aid is unjustified," he told Le Monde.

"If European countries do not want contacts with the Palestinian government, there are other means to maintain aid destined for the Palestinian people," including channeling funding through his office, "which would receive and redistribute it," said Abbas, who is due in Paris next Thursday and Friday.

Spain News - Zapatero laments lack of European energy policy

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Zapatero laments lack of European energy policy

President Zapatero was in Berlin yesterday for a meeting with German chancellor, Angela Merkel. High on the agenda was the situation of the European energy sector in general, with special focus on the hostile takeover bid launched by German energy giants E.On for Endesa. During a press conference following the talks, Mr Zapatero admitted that the lack of a coordinated European energy strategy was causing a degree of tension, although Ms Merkel said that it was no reason why bilateral diplomatic relations should be affected. Both leaders expressed their faith in the rules of a free market economy given that "we all belong to the same system," and Ms Merkel stated that "With respect to energy policy, there are no differences between Spain and Germany."

Washington Post: EU trade chief blames US for WTO impasse - by Rex Merrifield

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EU trade chief blames US for WTO impasse - by Rex Merrifield

HELSINKI (Reuters) - Europe's trade chief blamed the United States on Friday for a virtual deadlock in global trade negotiations, saying Washington must scale back its demands for sweeping cuts to agriculture tariffs. With time running out for a World Trade Organization (WTO) deal, the European Union, the United States and other trading powers have locked horns over how to cut barriers to commerce, raising fears that the Doha round of negotiations could fail.The Doha round, which is also seeking to cut barriers to international trade in services, was launched in late 2001 to boost the global economy and lift millions out of poverty and should have been wrapped up in 2004.

The talks cannot drag on beyond July or there will not be enough time to finalize all the detail before U.S. presidential powers to negotiate trade deals lapse in 2007, diplomats say.

Expatica: India, Germany aim to forge closer business ties

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India, Germany aim to forge closer business ties

BERLIN/NEW DELHI - Indian Prime Minister Manmohan Singh begins a visit to Germany this weekend which will mark another major step by Europe's biggest economy to broaden its Asian business empire through closer ties with the world's second-fastest growing economy. At the same time, India is hoping that Singh's four-day visit and the nation's key role at this month's Hanover trade fair will help Indian business to further cash in on fast-paced globalisation and to forge a higher profile in the world economy. "Indo-German investment and trade is reaching new heights, though the potential has still to be fully tapped," Ajay Singha, deputy director general, Indo-German Chamber of
Commerce (IGCC), told Deutsche Presse-Agentur.

4/20/06

INQ7money: World oil prices will stay high and volatile, warns IMF

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World oil prices will stay high and volatile, warns IMF

WORLD OIL prices are likely to remain high and volatile in the near future, and weigh down on equities and exchange rates in oil-importing countries like the Philippines, an International Monetary Fund report has warned. But, over the longer term, consumer countries may learn to cope with oil shocks much better, depending on the government's policies and on the viability of alternative technologies, said the report released Thursday."Many alternative energy sources that were not economically and technologically feasible during the high oil price episode of the 1970s are now viable," it said.

United Business Media: Celebrity Cruises Announces Significant Expansion in Europe

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Celebrity Cruises Announces Significant Expansion in Europe

MIAMI, April 19 /PRNewswire-FirstCall/ -- From Casablanca to Cornwall, from the Bosporus Strait to the best of ancient Greece, Celebrity Cruises' European itineraries in 2007 and 2008 will take guests to the broadest array of romantic, historic and exotic locations since the line began sailing there in 1999. Bookings opened today for Celebrity's new and expanded European season on Century, Constellation, Galaxy and Millennium, and for Cruisetours in the region.

Yahoo News: Democracy's Global Crisis: Not the Promised Cure-All - by Ralph Peters

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Democracy's Global Crisis: Not the Promised Cure-All - by Ralph Peters

"Not so long ago we were told that democracy would sweep the world. A new age of governmental decency would dawn for hundreds of millions. Peace, constructive trade and general good-will would follow.Now, as the number of real and nominal democracies continues to grow, we see little improvement in the human condition, no diminution of corruption, burgeoning discontents--and turmoil where we meant to implant peace. Even in the West, where democracy is deep-rooted, there's a crisis of mediocrity and will. Elsewhere, democracy has been taken as a license to loot, as a launching pad for demagogues, or as a means of settling old scores. Have we been wrong? Is democracy a tailored suit that fits only the most-developed forms? Is it culturally determined, after all? Does it fail to guarantee freedom and a population's general welfare? Have we over-estimated democracy's utility?

The problem isn't with democracy. It's probably with us."

Forbers.com: British Airways to slash fares to take on low-cost airlines

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British Airways to slash fares to take on low-cost airlines

LONDON (AFX) - British Airways PLC will today throw down the gauntlet to low cost airlines easyJet PLC and Ryanair Holdings PLC by slashing prices from Heathrow and Gatwick to almost all its European short haul destinations, The Guardian reported citing airline insiders. The newspaper said BA will cut fares to places such as Berlin, Paris and Barcelona by up to 50 pct.

Members and Guests Only?

Transitions Online:

"Members and Guests Only?

by Karel Bartak
20 April 2006

As the EU tries to fix its borders, offers of a 'privileged' status short of membership may offer a way out of the enlargement imbroglio – or make it worse.

BRUSSELS, Belgium | The member states and institutions of the European Union are locked in a bitter debate on the future expansion of the bloc – whether it should enlarge at all and if so, to what extent. This concerns not just distant prospects but also immediate events, above all the accession of Bulgaria and Romania planned for 1 January 2007.

The debate highlights the indigestion caused in the 15 members from Western Europe by the EU's big-bang expansion into Central and Eastern Europe in 2004. It also shows up the change of mood brought about by continued economic stagnation among the EU-15 and last year's traumatic rejection of a draft constitution by voters in France and the Netherlands.
"

Agenzia Giornalistica Italia - PRODI: THEY DON'T ACCEPT VICTORY? SAD BUT WE'RE PATIENT

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PRODI: THEY DON'T ACCEPT VICTORY? SAD BUT WE'RE PATIENT

(AGI) Rome, 20 April- "It's very sad that these things exist in a mature democracy". This is what Romano Prodi said to 'SKY TG 24', commenting on the protests made by the CDL after the confirmation made by the Cassation of the Union's electoral victory. "I've been working on government business from a couple of days now, and there is no problem, it won't disrupt action, but it's sad, very sad", says Prodi. "They will acknowledge how things are sooner or later", concluded Prodi, and since we're very patient, we will continue to have patience".

IHT: - EU threatens court cases on pensions

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EU threatens court cases on pensions - Business

The European Union threatened Wednesday to go to court to force 11 countries, including Britain and France, to enact laws to enable pension funds to operate on an EU-wide scale. Britain was singled out because it had not fully implemented pension rules passed at the EU level in 2003 and had not extended the rules to Gibraltar, the colony it rules on Spain's southern tip, the European Commission said. Some EU governments are "effectively denying citizens and businesses across Europe the full benefit of the single market," the financial services commissioner, Charlie McCreevy, said in a statement.
The EU is seeking to build a common pension fund system to ease the financial strains on governments and give its 450 million citizens the right to build up retirement savings throughout the 25- nation bloc.

The Guardian : A market-driven massacre (what might be good for the corporation might not be good for the people?)

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A market-driven massacre (what might be good for the corporation might not be good for the people?)

Peugeot's announcement that it wants to close its Coventry plant after 60 years of car production is another sign of the market-driven massacre of British manufacturing. Some will respond with a weary fatalism. The trade union movement will not. We will campaign alongside the workforce, the community and our fellow trade unionists in France. For a start, Peugeot must do what it has so far failed to do -talk to its employees and consult over its plans. In the car industry alone, Ryton would be the fifth major plant closure in this century. And every other branch of manufacturing, from textiles to engineering, has suffered almost as much. One million jobs have been lost in manufacturing over the last nine years, and 50,000 more are likely to go this year alone.

We need to revive a culture of smart intervention, a belief that the state has the right and the duty to step in when the market is failing and the public interest demands it. This is not a revolutionary doctrine. It would be accepted to some degree or other throughout Europe. Is it inconceivable that in France plants like Longbridge and Ryton could be closed while the government looks on with folded arms. That is why, for example, the French plant of train-maker Alstom remains open to this day, while the Birmingham factory was closed two years ago. Temporary assistance, the government taking a stake - which could encourage private investment in struggling sectors; these are legitimate weapons in our arsenal and we should not be afraid to use them.

Bloomberg.com: German Stocks Advance

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German Stocks Advance

April 19 (Bloomberg) -- German stocks climbed, led by MAN AG, Siemens AG and ThyssenKrupp AG as analysts recommended buying the companies' shares and increased their price estimates.

The benchmark DAX Index rose 91.18, or 1.5 percent, to 5993.76 at the 5:30 p.m. close in Frankfurt, the biggest jump in almost three months. Twenty-nine stocks gained and one fell.

4/19/06

Turkish Foreign Policy Increasingly Islamist

"Turkish Foreign Policy Increasingly Islamist
By Gareth Jones
Reuters

ANKARA, Turkey -- U.S. Congressman Robert Wexler did not mince his words during a visit to Ankara last week when he condemned Turkey's decision in February to host leaders of the militant Palestinian Islamist group Hamas.

'Your opponents have been bolstered and your friends have been deflated [by that invitation],' he told a gathering that included members of Turkey's ruling Justice and Development Party, or AKP, and Foreign Ministry officials. Wexler's comments, nearly two months after the event, underlined the continued repercussions of a visit that outraged Israel and the United States, dismayed the EU and stirred suspicions that the AKP wants to remold Turkey's foreign policy along more Islamist lines."

More:Turkish Foreign Policy Increasingly Islamist

International Reporter: Clashes between China and US on rising of oil price

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Clashes between China and US on rising of oil price

Washington, Apr. 19 - There is no doubt that the competition for access to oil is emerging high all over the world and it is also on the top of the agenda on President Hu Jintao's visit to the White House this week. The United States feel that China's growing demand is one of the main reasons of hike in oil prices. While keeping this ground in view President Bush has warned China not to try to "lock up" the global supplies directly or indirectly. Since the price of the crude oil has touched $70 a barrel and the Americans have to pay $3 per gallon for gasoline, the officials say that this subject has to be brought at the Thursday meeting in the Oval Office to make a check over it. US Administration also feel that China's ever growing requirements for oil is a matter of concern not only for US but also for the whole world, particularly Japan and European countries among others.

Forbes.com: Italy supreme court confirms Prodi's centre-left coalition wins election

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MILAN (AFX) - Italy's supreme court said the Romano Prodi-led centre left coalition, Unione, has won last week's election for the lower parliamentary house, confirming earlier TV reports. The Unione won 19,002,598 votes, while the centre-right House of Freedoms coalition, led by prime minister Silvio Berlusconi, won 18,977,843, giving a majority of 24,755, the court said. Under the latest proportional voting system, decreed by the Berlusconi administration, the winning coalition in the lower house automatically wins a premium to give it a clear majority.

Previous provisional counts for the lower house had given Prodi's coalition 348 seats to Berlusconi's 281.

Paying Europe’s way into the news

Newropeans Magazine:

"Paying Europe’s way into the news
Written by Daniela Schwarzer
Wednesday, 19 April 2006
Image EDITO - Before Easter, several articles discussed the European Parliament’s subsidies to journalists travelling across the European Union to cover EU affairs.[1] Discovering this practice dating back to the 1980s could have made another odd ‘EU scandal’ that many national commentators driven by latent EU-scepticism based on little factual knowledge and even less practical EU experience may have been waiting for.

A pity for them that they missed the occasion as the Italian elections and the floods in Central and Eastern Europe filled the very restricted places for European news in the national media the fortnight before Easter. The bad guy could so easily have been identified in this play: a monstrous and uncontrollable European Parliament wasting money on bribing innocent journalists into pro-EU stories fooling the citizens throughout the EU.

This potential tabloid drama would not be worth pondering further. But there are indeed issues behind the story dug up by the Herald Tribune."

Chron.com: Alsace grapes are a unique bunch - by MICHAEL LONSFORD

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Alsace grapes are a unique bunch - by MICHAEL LONSFORD

Alsace, in France's northeastern corner, is achingly picturesque — and linguistically and culinarily confusing. Because the region, between the Vosges Mountains and the Rhine River, has bounced back and forth between French and German control over the centuries, it has become something of each. Many of the towns and vineyards have German names — Kaisersberg, Pfingstberg. The architecture looks German, too, and the food is a cross between French and German. Charcuterie, anyone? But the wines of Alsace are unique.

For one thing, Alsace is the only French wine region that requires the name of the grape on the label. And while some of those names may sound German — riesling, gewürztraminer — Alsace wines have their own persona. Almost all the wines are white, and they are big, ripe and often alcoholic and go with a wide array of foods. Not just Western European cuisine, either, but Thai and Indian food, as well — maybe even Mexican. The wines are rich and versatile and, considering their competition, usually are very good values.

The Washington Times: Turkey's Kurds push for autonomy

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NICOSIA, Cyprus -- In a growing climate of fear punctuated by riots and bomb explosions, Kurdish nationalists in Turkey are pressing their claim for autonomy. Turkish military leaders and politicians feel that granting such a demand would be tantamount to storing dynamite under the republic's foundations, and likely to result in Turkey's fragmentation along ethnic lines. As the country counted its latest victims of clashes between the army and Kurdish rebels, Gen. Hilmi Ozkok, chief of the general staff, called for "unity, loyalty and self-sacrifice" from Turkish soldiers so that "no one will be able to divide the homeland." He addressed the troops in the provinces bordering Iraq and Iran, where recent clashes took place. Hardly a day goes by without rioting and clashes in the mountains, where Kurdish fighters are reportedly supplied with weapons from Iraq. The victims include Kurdish guerrillas and an increasing number of Turkish soldiers. Mosques and government buildings have been bombed. Although the PKK has proclaimed a unilateral cease-fire in its campaign, local clashes accompanied by mass demonstrations and rioting have led to a general deterioration of the situation.

The PKK is registered as an "official" terrorist organization by the US, EU and Australia

EUobserver.com: Estonia to complete ratification of EU constitution in May - by Lucia Kubosova

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Estonia to complete ratification of EU constitution in May - by Lucia Kubosova

Estonia is set to complete the ratification of the EU constitution in May, becoming the 15th member state to adopt the treaty. The country's three-party ruling coalition decided on Monday (18 April) to press ahead with the second parliamentary reading on the EU charter. The move will finalise the ratification process in Estonia, the vice-chairman of the Reform party, Meelis Atonen, told journalists on Tuesday. Finland is likely to follow suit before it takes over the EU presidency from Austria in July.

Fourteen member states have already ratified the constitution: Austria, Belgium, Cyprus, Germany, Greece, Hungary, Italy, Latvia, Lithuania, Luxembourg, Malta, Slovakia, Slovenia and Spain.

24dash.com: New European Union website to 'shatter myths' - by Jon Land

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New European Union website to 'shatter myths' - by Jon Land

A new website providing 'straightforward, factual and accessible information' on the European Union was launched today by the British Minister for Europe Douglas Alexander. The site is launched as initial findings from a Eurobarometer poll reveal as many as 60% of the public would like to have more information about the EU. Minister for Europe Douglas Alexander said: "I hope that this new website will not only help meet the public's desire for more information about the EU but will encourage and stimulate public debate on Europe.The EU has brought many benefits to the United Kingdom, but there are many myths too. This website is one resource in helping to cut through those myths, so that people can see the facts for themselves and make up their own minds on the benefits the European Union brings to the UK."

The new website can be found at http://www.europe.gov.uk and will be both a valuable resource on UK EU policy and the debate on the future direction of the EU.

4/18/06

The Fact Is: America's Immigrants Woes Pale Compared to Europe's - by Douglas Sylva

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Americans like to be first in everything, even when it comes to immigrant strife. And so, in anticipation of what they think will be another historic battle of the US culture wars, the old left has donned its armor and sharpened its rhetoric, this time in the name of undocumented workers and their human rights (do bank robbers make undocumented withdrawals?). And with courage and vigor the Cardinal Archbishop of Los Angeles has told his flock to gird for civil disobedience to thwart an immigration law that does not exist and that would not do what he says — make criminals out of priests and nuns — if it did exist. In reality, the immigrant problem in America is a minor one, especially when it is compared to the European dilemma. To juxtapose: In the United States, immigrants (both legal and illegal) supplement native births that hover at replacement rate. The combination of these native births and immigration has resulted in continued population growth. Europe's problem is far more serious, and it is based upon the cataclysmic reality that native Europeans have largely stopped having children. More native Germans were born in 1946 — with all of those missing men, in the hundreds of thousands, killed or wounded or marching into captivity, every city bombed to rubble, and real starvation hanging in the air — than in 2006. Thus, immigrants have been brought to the continent of Europe not to supplement native births, but in a very real sense to replace the native births that no longer take place, or no longer take place in sufficient numbers.

And these immigrants, largely North African, largely Muslim, decidedly do not share the principles and propositions of their adopted homeland, the Enlightenment principles of rationality and tolerance, nor do they respect the institutions — including the pan-European secular, bureaucratic, social welfare state — that reflect those principles.

The Prairie Star: Ethanol boom continues - by Alan Guebert

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Ethanol boom continues - by Alan Guebert

In his opening address to the 11th National Ethanol Conference Feb. 21, Renewable Fuels Association President Bob Dinneen declared loudly and proudly that “ethanol has arrived.” Dinneen ticked off fact after fact to bolster that belief with the biofuel faithful. In 2005, “95 ethanol refineries were in production, 14 began operation, 30 began construction, 10 were expanded and the industry produced a record 4 billion gallons of fuel,” the RFA chief noted. And, he continued, “In 2005, the U.S. ethanol industry contributed more than $32 billion to Gross Domestic Output, $5 billion to household income,” paid $3.6 billion in federal, state and local taxes, added $6 billion to net farm income, boosted corn prices by 35-cents per bushel, and supplied 153,000 jobs.

As such, Dinneen sang repeatedly, “My friends, ethanol has arrived.”

BaltimoreSun: Cruise lines cut prices in wake of problems

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Cruise lines cut prices in wake of problems

A spate of high-profile problems on the high seas, hurricane fears and weak demand for Caribbean sailings are leading cruise companies to offer discounts in an effort to lure leery consumers aboard. The problems are combining to make this the most challenging cruise season for the industry since 2003, when Iraq war fears and post-9/11 woes hurt bookings.The bulk of the issues are occurring in the Caribbean, the most popular cruise destination and where most first-time cruisers tend to sail. The busy port in Cozumel, Mexico, for example, continues to be under repair after being severely damaged by Hurricane Wilma last fall. Travel agents also say that memories of last year's brutal hurricane season are dissuading some would-be cruisers. And some travelers have been spooked by concerns about cruise safety.

Forbes: Italy's Prodi seen picking Padoa-Schioppa as economy minister

Forbes: Italy's Prodi seen picking Padoa-Schioppa as economy minister - report

MILAN (AFX) - Italy's centre-left leader Romano Prodi is expected to pick former European Central Bank board member Tommasso Padoa-Schioppa as economy minister, if Prodi succeeds in forming a government, said La Stampa Saturday in an unsourced report. Prodi has said he expects his government to take 1-2 months to form after last week's close election results, while prime minister Silvio Berlusconi has yet to concede defeat and is challenging some counts. La Stampa said Padoa-Schioppa is clear frontrunner to be economy minister because of his economic expertise, which would be favoured by international markets.

Guardian: More nuclear power will not avert energy crisis, say British MPs

Guardian : More nuclear power will not avert energy crisis, say British MPs

A new generation of nuclear power stations will be unable to avert a serious energy crisis within 10 years, a committee of MPs said yesterday. In a scathing analysis of how Britain intends to generate power in future and of the way decisions are being made today, the environment audit committee urged the government to start investing heavily in alternative power sources to meet increasing demand and global warming objectives.

The committee's report said the government had become "too focused" on nuclear, and now risked the lights going out by not investing heavily in energy efficiency and more wind and gas stations. It called for a significant growth in renewables as well as political leadership.

FrontPage magazine.com : Crisis in Europe - by Bruce Bawer

FrontPage magazine.com : Crisis in Europe- by Bruce Bawer

My learning curve was steep. When I look back, it's as if one day the whole business wasn't even on my radar screen, and the next day I understood that it was the most important issue of our time.

It happened in Amsterdam, a city I flipped for in 1997 and moved to a year later.But it wasn't till 1999, when I lived briefly in a predominantly Muslim neighborhood, that I took in the fact that the city was divided into two radically different and almost entirely separate communities. One of them, composed mostly of ethnic Dutchmen, was secular, liberal, and (owing to a very low birthrate) dwindling steadily; the other, composed of immigrant Muslims, lived in tradition-bound, self-segregating enclaves whose autocratic leaders despised democracy and whose population (thanks to high birth and immigration rates) was climbing rapidly. This division, I soon realized, was replicated across Western Europe. Clearly, major social friction-and more-lay down the line.

ITAR-TASS: Russia - Energia designing Martian expedition spacecraft

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Russia - Energia designing Martian expedition spacecraft

Moscow: The Energia Aerospace Corporation is designing a Martian expedition spacecraft, which may be launched in 2020-2030, corporation head Nikolai Sevastyanov told a Tuesday press conference. “We are using technologies tested over the past decades, including electric engines of telecom satellites. Large solar batteries were tested onboard the Mir orbiting station. The new expedition spacecraft with extensive reserves of fuel – xenon – will be capable of delivering manned expeditions to Mars,” he said. New elements will also have to be designed, including a takeoff and landing module on the Martian surface, Sevastyanov said. The project will be implemented in three steps, he said.

A Martian expedition spacecraft will be designed and tested in a flight to the Moon. The spacecraft will be put into a circumlunar orbit and then returned to a circumterrestrial orbit. Then the manned spacecraft will fly to Mars. It is not planned for the crew to land on the planet at first, but rovers will go down and test the crew’s future return from Mars to the spacecraft. Eventually, the crew will land on Mars, an Energia source said. Soyuz FG AND proton rockets will deliver spacecraft elements to orbit before 2010, and modernized Soyuz 2 and new Angara rockets will be used later on. Soyuz manned spaceships and Progress freighters will be servicing the project until 2015, and Klippers will be used afterwards.

The first expedition to Mars will be made in 2020-2030.

News-Medical.net: Sticky proteins for neuro-chip chat

News-Medical.net: Sticky proteins for neuro-chip chat

EU-funded researchers have taken the firsts steps towards future technologies combining silicon circuits and the nervous systems of mammals. Applications could include advanced drug screening and, perhaps one day, implants to help combat neurological disorders. "Pharmaceutical companies could use the chip to test the effect of drugs on neurons, to quickly discover promising avenues of research," says Professor Stefano Vassanelli, a molecular biologist with the University of Padua in Italy, and one of the partners in the Information Society Technologies (IST) NACHIP project. Ending in December last year, the three-year project's core achievement combined semiconductor technology and biology in developing a working interface between the living tissue of individual animal neurons and the inorganic compounds of silicon chips, reports IST Results. With the help of German microchip company Infineon, NACHIP placed 16 384 transistors and hundreds of capacitors on a chip just 1mm2. The group had to find appropriate materials and refine the chip to make the neuronal connection possible. They used special proteins found in the brain which act as a biological glue, a semiconductor and a signal recorder between the neurons and chip.

The project, funded to the tune of Euro 900 000 by the EU's frontier science (Future and Emerging Technologies) initiative, tested the device by stimulating the neurons and recording which ones fired using standard neuroscience techniques, while tracking the signals coming from the chip.

Euractive: Is France shutting the door to Lisbon-oriented labour market reforms?

Euractive: Is France shutting the door to Lisbon-oriented labour market reforms?

After the French government's humiliating defeat on the "CPE" (contrat première embauche), the international press pessimist reactions contrast sharply with the victory parade of protesters and opponents to the legislation.
Positions: According to Time magazine, the past ten weeks of revolt have nothing to do with the glorious French revolutionary tradition. The so-called fight "against precariousness" is "a very long way from liberty, equality and fraternity," since it just represents "a demand for an arbitrary powerful state in whose bosom you can settle for life" by young middle-class people afraid of taking risks. In an interview for Le Monde, former Commissioner Chris Patten finds this lack of "adventure spirit" among the French young generation "rather depressing," and regrets the absence of "European vision" within both the French population and the political elite who is accountable for it.

For most European newspapers quoted in Courrier International, the failure of Chirac and De Villepin reveals three major handicaps of the French model:
• Ill-adapted institutional system (La Libre Belgique): the legislative power can easily be neglected by the executive, itself reluctant to social dialogue and dependent on party discipline. This produces "a blocked state, which progresses only by convulsions, and in which decision-makers are completely disconnected from the public opinion."
• Lack of coherent, hence credible political leadership, since a disunited government tried to implement a liberal, "Thatcherite" solution to growing youth unemployment while also "trying to shut out foreign companies from takeovers in France"(The Guardian).
• Lack of clear, two-ways communication strategy about the reform plans (Svenska Dagbladet): if it is "high time [for politicians] to listen to what the French people are saying,"according to Jean-Marc Ayrault, leader of the Socialist opposition (Spiegel online), the government "should [also] have explained more clearly what was ne

TIME Asia Magazine: World Economy - Wealth on the Wing -- by Marc Faber

TIME Asia Magazine: World Economy - Wealth on the Wing - by March Faber

A huge shift of wealth and power to Asia is taking place, leading to an unprecedented situation in economic history. In the past, it was always the rich countries that financed economic development in emerging economies. European capital built canals and railroads in the 19th century U.S. economy; in the 20th century, European and American money bankrolled development in Latin America, Australia and Asia. But today, it's the poor countries—notably China—that are financing American consumption by purchasing U.S. government bonds. No wonder that with their vast liquidity, stock markets in many developing countries have vastly outperformed the U.S. market. Since lows reached in October 2002, America's S&P 500 index has risen 50%, while indexes in India and Jakarta are up by more than 300%.

4/17/06

FT.com: Italian elections 2006 - Berlusconi allies ready to accept election defeat - by Tony Barber

FT.com Italian elections 2006 - Berlusconi allies ready to accept election defeat - by Tony Barber

Political allies of Silvio Berlusconi, Italy’s premier, are backing away from contesting last week’s narrow election victory for the centre-left, in the belief that a government led by Romano Prodi will soon collapse.Mr Prodi is impatient to take office as he wants to make a thorough assessment of Italy’s public finances and act quickly to cut the rising budget deficit and public debt. The centre-left has a comfortable majority in parliament’s lower house but only a 158-156 seat majority in the Senate, the upper house, where every vote is likely to be close-run.

Turkey Could Delineate New European Union

Angus Reid Consultants

"Angus Reid Global Scan : Politics In Depth
Turkey Could Delineate New European Union
April 16, 2006

The continental alliance faces a choice: acknowledge its broad diversity and expand, or define itself by historical differences.

(Angus Reid Global Scan) Natasha Moore – In 1959, Turkey first made its application to join what was then the European Economic Community (EEC). For 47 years, negotiations have been stalled, ceased and re-established as Turkey’s internal affairs and foreign policy hampered its compatibility with the European Union (EU).

The launch of membership talks between Turkey and the EU in October 2005 signified an important milestone for Turkey in terms of its political and economic achievements but also marked the first step in a lengthy process that will challenge lawmakers, reshape the nation’s political and social climate, and place its foreign policy relationships at the forefront."

The Globalist: France's Economy and the Protest Culture - by Stephan Richter

The Globalist:France's Economy and the Protest Culture by Stephan Richter - by Stephan Richter

The riots in France over proposed labor law reforms showed a deep unease throughout the country. On PBS's NewsHour, The Globalist's Stephan Richter discussed the significance of these continued protests — and why France's leaders can ill afford to keep wavering on economic reforms.

Revolutionary traditions, 1789, 1848, 1968. It's part of the French identity that you sometimes need to be on the barricades, as we see today. It's also, unfortunately, a feeling that the French have a sense of that they're a little bit better than the rest of us, never mind the Americans.

ZAMAN DAILY NEWSPAPER: EU - Erdogan to Meet Merkel in May

ZAMAN DAILY NEWSPAPER: EU-Erdogan to Meet Merkel in May

Turkish Prime Minister Recep Tayyip Erdogan is due to travel to Germany in May to meet Germany Chancellor Angela Merkel. Erdogan will meet Merkel on the sidelines of the Turkish-German Trade and Industry Chamber congress to be held in Berlin.

The two prime ministers are expected to address the members of the Trade and Industry Chambers following a one-hour meeting.

TheSofiaEcho: Bulgaria and Romania on their way to EU accession - by Polina Slavcheva

Bulgaria and Romania on their way to EU accession - by Polina Slavcheva

About eight years ago, when strung together with Romania on the path to European Union accession, Bulgaria was not just unhappy, but disgruntled, and demanded a change in policy: Romania would slow down reform and endanger Bulgaria’s 2007 EU entry, or so it seemed.

Until this year. The European Commission’s (EC) April 3 preliminary report scolded Bulgaria and gave Romania a pat on the back, and justifiably so. Romanian authorities managed to chase down a deputy prime minister, George Copos; an ex-prime minister, Adrian Nastase; and a former economy minister in an impressive corruption hunt-down for which Bulgarian authorities are still studying. What’s more, they opened the archives of the Securitate (Romania’s communist-era secret police), which Bulgaria has not done with its state security in 16 years. And, as some Bulgarian media reported, the neighbour to the north was quicker to sign a contract for joint NATO bases, even though Bulgaria was the traditional leader in the NATO race.

FT.com - EU aims to boost transport on inland waterways - by Chris Smyth

FT.com / World / Europe - EU aims to boost transport on inland waterways - by Chris Smyth

The Ascenseur de Strépy in southern Belgium lifts barges 70 metres above the Belgian countryside to connect them to the Rhine. The €650m ($787m) tower is a symbol of the underutilised potential of Europe’s inland waterways.

“This kind of project shows that the will is there to improve infrastructure,” says hydraulics supervisor Vincent Despiegeleer. “It creates benefits for the whole economy.”

The European Commission agrees. It has approved an action plan to ease congestion and delays across the European transport system by encouraging a switch to the often-neglected waterborne freight sector, not least for environmental reasons.

4/16/06

TCS Daily - The Struggle for 'Open Europe'

TCS Daily - The Struggle for 'Open Europe'

The French, it seems, have finally found a cause for which they are willing to go to war. Unfortunately, in this fight, victory equals defeat.

I'm not referring to the pathetic display of pseudo-revolutionary nostalgia staged for the last several weeks in France by thousands of student demonstrators, fellow-traveling union-activists and assorted troublemakers. They have succeeded -- with this week's decision by French leaders to scrap an exceedingly minor labor market reform package -- in not only subverting the democratic process (the legislation had been passed by the parliament) but also hamstringing yet again the sluggish French economy.

They were fighting for an illusion: the idea that a job -- any job, even the first one you get out of college -- should be guaranteed for life.

The Economic Times: Wheel power in Europe

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Wheel power in Europe

n the past few years a class of young designers and welders emerged in countries such as the Netherlands and Denmark to address the inner-city transport needs of families and companies. Their designs are taking congested cities by storm.

Riding the streets of Amsterdam, Copenhagen and Stockholm are thousands of radically new push-bikes, ranging from tricycles for day-care centres which carry eight children and low-seater bicycles with passenger-carrying trunks in front, to robust transport bikes with large containers for delivery boys. Folding bikes and retro army bikes can be spotted everywhere.

The Local - Integration Sweden's biggest failing - survey

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Integration Sweden's biggest failing - survey

Integration, healthcare, law and order and employment: these are the areas of Swedish society which are in the worst shape, according to voters' personal experience. That's the result of a survey by Sifo, carried out on behalf of Göteborgs-Posten. The polling company asked 1,000 people in Västra Götaland 'which of the following are not working well for you and your family?'. 39% of respondents picked out integration as being the 'most failing' of the eleven alternatives. 37% pointed to healthcare, while law and order and employment were ticked by 35%. Then came leisure opportunities for the young, and care for the elderly, with 27% and 26% respectively, reported GP.

At the other end of the list, indicating a degree of relative satisfaction, was housing and child care. Only 4% and 6% respectively said they had a problem with these areas.

TimesOnLine: Prodi plan to leave Britain out in EU cold - by John Follain

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Prodi plan to leave Britain out in EU cold - by John Follain

ITALY’S election victor, Romano Prodi, has unveiled a plan to speed up the integration of a core group of European Union countries that threatens to leave Britain on the sidelines. In his first newspaper interview since he narrowly defeated Silvio Berlusconi last week, Prodi told The Sunday Times he would accelerate measures to bind the main continental members into a tighter alliance and breathe new life into a European constitution.He promised that despite the close result, he would stick to his 289-page manifesto and give Italy stable government for a full five-year term. He added in English with a smile: “There is no alternative.” As befits a former head of the European commission who prides himself on having overseen Italy’s adoption of the euro, Prodi said his priority was to forge an alliance of what he called “the countries most determined to push for a common European policy”.

“We need a strong relationship not just with France and Germany but also with the so-called group of six, countries like Belgium and Luxembourg — but not the Netherlands,” Prodi said.

Telegraph: France puts smoking ban on the back burner - by Kim Willsher

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France puts smoking ban on the back burner - by Kim Willsher

The tobacco-loving French will be allowed to carry on puffing their Gitanes and Gauloise in smoky bars and bistros after the government caved in on plans to ban smoking in public places. Ministers, who had already abandoned a controversial youth employment contract after street protests and violence, were accused of "cowardice" by anti-smoking campaigners. Existing laws require cafés and restaurants to establish clearly separated smoking and non-smoking areas. Fed up with these rules being widely ignored, opponents had pinned their hopes on an outright ban.

However, on Wednesday, soon after the government's climbdown on the labour law reform, Mr Bertrand performed a U-turn. Instead of outlawing smoking, he announced a "vast consultation" on the issue, to be conducted over the next few months.

President Jacques Chirac's Right-of-centre government had promised to push a decree to this effect through parliament.

Reuters.co.uk: EU could accept nuclear deal with Iran-by louis Charbonneau

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EU could accept nuclear deal with Iran-by louis Charbonneau

BERLIN (Reuters) - The EU could consider letting Iran pursue limited nuclear enrichment if the U.N. Security Council agreed, but Tehran should freeze all such activity for now, Germany's deputy foreign minister said on Tuesday. Earlier this year, the Brussels-based International Crisis Group (ICG) proposed allowing Iran to keep a limited programme of uranium enrichment -- technology that can produce fuel for atomic power plants or weapons -- after halting such work for several years and accepting intrusive U.N. inspections.Deputy Foreign Minister Gernot Erler said the idea could be considered by EU negotiators Germany, France and Britain, but it would need solid backing from the Security Council, which is now trying to agree on how to deal with Iran's nuclear ambitions. "I was very impressed by the ICG proposals. I think we can consider these proposals but only on the basis that we have a united and common position in the Security Council," Erler said at a conference on Iran and the Middle East.

Tehran says it only seeks nuclear-generated electricity, not the capacity to produce atomic bombs as the West suspects.

CANOE Money - EU antitrust regulators say credit and debit cards are charging too much

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EU antitrust regulators say credit and debit cards are charging too much

BRUSSELS (AP) - Credit and debit cards such as Visa and MasterCard are racking up unjustifiably high charges, EU antitrust regulators said earlier this week, warning that it might take action in specific cases. In its first report from a wide-ranging investigation into payment cards in Europe, the European Commission said customers are paying too much because the card industry was still split along national lines.

Customers in some EU countries are paying 100 per cent more for MasterCard and Visa than in other countries, regulators found.

Ottawa Citizens: Africans (illegal immigrants) tell of harrowing voyages to Europe - by Mar Roman

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Africans (illegal immigrants) tell of harrowing voyages to Europe - by Mar Roman

EL FRAILE, Canary Islands -- Masse Diop says he kept his eyes closed and tried to sleep during his perilous four days at sea, crammed against the side of an aging fishing boat with 25 other African migrants who hoped the wind and sea would bring them to the promised land of Europe - and not a watery grave. Diop, from Cameroon, and his companions managed to survive the 600-mile journey from the northern Mauritanian port of Nouadhibou to Spain’s Canary Islands, just off Africa’s west coast. But about 1,000 others have died attempting the trip since November 2005, according to the Red Crescent Society in Mauritania. Despite the danger, desperation and the lure of an escape from grinding poverty have kept the choppy seas full of people like Diop.

"I came here to earn my living and secure a future for my family," said Diop, in a soft, faltering voice, fidgeting with his sunglasses and his black cap.

ITV: Floods sweep Eastern Europe

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Floods sweep Eastern Europe

Bulldozers in Northern Serbia have moved in quickly to build a flood barrier as the rising Danube river continues to wreck havoc. Hundreds of homes have been flooded, and some residents throughout Serbia and Bulgaria were forced to used boats to transport themselves around. Others used sandbags, while a few stood watching the rising water at their doorsteps in dismay.

The rising river also threatened production at one of the Balkans' biggest power plants.

Houston - Chron.com: You don't have to be Christian to find refreshment in this Easter rite.

For the full report go to Chron.com or click on this link

You don't have to be Christian to find refreshment in this Easter rite

EVEN if their origins are pagan, many Eastertime traditions survive because they still feel meaningful. Easter eggs, for instance, entertain the kids — but also symbolize the Resurrection, with new life coming forth from darkness. One ancient ritual, though, has fallen by the wayside and might deserve revival. In medieval Europe, Easter gave the cue for Christians of all classes to head for holy sites. They'd go at other times, as well: at Christmas, or anytime they wanted to do penance, give thanks or deepen their spiritual experience. Just like some Christians today, certain pilgrims just hoped to make some money, show off to the neighbors, socialize.

Religious folk still go on pilgrimage today. Shrines in Israel, Spain and the former Yugoslavia draw millions at this time of year. But the old spirit of pilgrimage — a humble journey from the familiar — is more rare.

4/15/06

Expatica: Dutch suspend Iranian deportations

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Dutch suspend Iranian deportations

AMSTERDAM — Immigration and Integration Minister Rita Verdonk has bowed to pressure from parliament and agreed not to deport Iranian gay people and Christian converts for the time being. The Minister told MPs on Wednesday afternoon she would extend a previous moratorium on the expulsions. She took the decision when it became clear a majority of MPs doubt whether the rejected asylum seekers would be safe in Iran. The moratorium will remain in force until a new foreign ministry assessment of the situation in Iran for gays and Muslims who have converted to Christianity has been completed. This will likely take until August or September.

FT.com: Italian elections - Review backs Prodi victory - by Tony Barber in Rome

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Italian election: Review backs Prodi victory - by Tony Barber in Rome

Silvio Berlusconi, Italy’s centre-right premier, faced defeat on Friday in his bid to overturn the election result that gave a slender victory to Romano Prodi and the centre-left opposition.Interior ministry officials said judges were inspecting only 5,266 contested ballot papers in the elections for the two houses of parliament, rather than 82,850 as anticipated immediately after the April 9-10 vote. Such a small-scale review all but ruled out the possibility that Mr Berlusconi’s government might be declared the winner instead of the opposition, whose margin of victory in the lower house was 25,000 votes.Mr Prodi, speaking in his home town of Bologna, said the judges’ review showed his victory was not in dispute. “They are continuing their checks, as is their duty. And as was obvious, the review isn’t leading to any change. Victory is confirmed,” Mr Prodi said.

Mr Berlusconi, who has mostly kept out of sight since the election, continued to avoid making a formal concession of defeat. Instead, his office released a statement denouncing speculation that Forza Italia, the party he created out of his business empire in 1993-94 as a vehicle for his political ambitions, would be dissolved.

4/14/06

European March Car Sales Rise 4.1%, Led by Fiat

Bloomberg.com: Europe

"European March Car Sales Rise 4.1%, Led by Fiat (Update3)

April 14 (Bloomberg) -- European new car sales rose for a third month in March as models such as Fiat SpA's Grande Punto subcompact and Volkswagen AG's Passat sedan spurred demand.

Sales climbed 4.1 percent to 1.79 million vehicles, the Brussels-based European Automobile Manufacturers Association said in an e-mailed statement today. The month of March had more selling days, which helped lift revenue. First-quarter sales rose 3.2 percent to 4.13 million cars, the group said."

BBC NEWS: Italy reviews contested ballots

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Italy reviews contested ballots

Italian officials are checking more than 80,000 contested ballots not included in the election results that gave Romano Prodi a narrow victory. Prime Minister Silvio Berlusconi has refused to admit defeat until the last checks have been made. But his allies are starting to distance themselves from his claims of fraud. German Chancellor Angela Merkel has joined the number of world leaders who have congratulated Mr Prodi. The US is waiting for results to be confirmed.

4/13/06

ekathimerini.com: Trust in Greek politics being severely tested

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Trust in Greek politics being severely tested

As Greece marks 25 years since it joined the European Union, a poll made public yesterday indicates that the vast majority of its citizens think the country has benefited from membership but that trust in domestic politics has plummeted. The results of the Eurobarometer survey, conducted for the EU, warned Greek political parties that voters are losing faith in them. Seven in 10 of those questioned said that they did not trust the parties. The figure was much higher among young people - 83 percent in the 15-24 age group and 82 percent of those aged between 25 and 34. Just over half of all respondents said they did not trust the government. The institution which seems to have the most trust among Greeks is the army, with 78 percent, followed by radio. The Church and the EU tied in fourth place, gaining trust from 65 percent of those questioned. Greeks seem to feel good about their country's membership of the 25-nation bloc as 81 percent said Greece had benefited from being part of the Union, which it joined in 1981.

BECOME A MEMBER OF EUROPE HOUSE

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EUROPE HOUSE ACTIVITIES


· Supporting educational, business, and cultural events focusing on Europe.

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EUROPE HOUSE MEMBERSHIP BENEFITS


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To join go to: http://www.europehouse.com/form.html

World Council of Churches: WCC asks European Union to give new Palestinian authority more time

For the full report go to the World Council of Churches

WCC asks European Union to give new Palestinian authority more time

The World Council of Churches (WCC) is urging the European Union to exercise "respect for the democratic mandate given by [the recent Palestinian] elections and time for the new government to find its feet and demonstrate its intentions," following the Council of the European Union's endorsement of a temporary halt to direct aid to the Palestinian government headed by Hamas. An 11 April WCC letter from WCC general secretary Rev. Dr Samuel Kobia to the chairperson of the Council of the European Union, Austrian foreign minister Dr Ursula Plassnik, warns of the likelihood "of increasing suffering and new dangers to peace ahead" as a consequence of "decisions being taken these very days by the EU and other members of the [UN Security Council's Middle East] Quartet". At its 10-11 April meeting in Luxembourg, the EU Council confirmed that it was "reviewing its assistance to the Palestinians" as a result of its "grave concern" that the new Palestinian government had "not committed itself […] to non-violence, recognition of Israel's right to exist and acceptance of existing agreements". It warned that the absence of such commitment would affect direct assistance to the government, yet noted that the EU would continue to provide assistance to meet the basic needs of the Palestinian population. The 11 April WCC letter refers to an earlier, 8 February 2006, letter from the WCC to members of the UN Security Council's Middle East Quartet. That letter called on the Quartet to exercise "constructive patience" and work in new ways to meet the situation emerging from the Palestinian elections which, as "an earnest exercise of democratic rights," offers "opportunities for genuine progress towards peace".

Helsingin Sanomat - Finnish net contribution to European Union set new record last year

Go to Helsingin Sanomat for full report or click on this link

Finland set a new record last year as a net contributor to the European Union. The Ministry of Finance reveals that Finland paid EUR 628 million more into EU coffers in 2005 than it got back. In 2004 the net contribution was EUR 104 million. The figures also take into account flows of money that are not part of the budget, such as research funding and customs payments. Last year Finland paid EUR 562 million more to the EU from its national budget than it got back. EU membership last year cost Finland EUR 320 million more than had been forecast in the national budget. For instance, Finland got EUR 30 million less from the EU Structural Fund, and EUR 50 million less from the Social Fund than it had expected.

British rebate costs Finland EUR 127 million

Austria’s ratification - a more than silent Yes

Le Taurillon, magazine eurocitoyen

"Austria’s ratification - a more than silent Yes

Thursday 13 April 2006 - Peter Strempel

On 25th of May the upper chamber of the Austrian Parliament, the so called “Bundesrat”, ratified the EU Constitutional Treaty with 59 out of 62 representatives in favour. This step followed the preceding ratification in the lower chamber, the “Nationalrat”, on 11th of May with only one member against.

Austria as a strong supporter of the EU Constitution? Austrians in favour of deeper integration of the European Union? A laugh and a half for every Europhile observer of our country in the “heart of Europe”. According to latest Eurobarometer polls, Austrians are, after the Brits (of course), the most Euro-sceptic Nation among all Member states. And a survey conducted by the “Austrian Society for European Policy” (ÖGfE) showed that 46% of Austrians did not consider a European Constitution as ‘necessary’, against 35% who did. Another clear indicator of the overall resentment of Austrians against meddling, by the European Union, of what is perceived as Austrian usage and sovereignty."

4/12/06

Comment is free: A very Italian coup - by Martin Kettle

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A very Italian coup - by Martin Kettle

It is a long time since there has been coup d'etat in a western European country, so maybe we have forgotten what they look like. Apart from Greece in 1967, I think the last successful attempt to defy an election in our part of the world was carried out by General Franco in the 1930s. But Silvio Berlusconi is getting as close as possible - and much closer than he should - to emulating the Caudillo and the colonels. His refusal to accept the official results of Italy's general election may technically just squeeze within the country's constitutional rules - though I'm sceptical about that - but it is indisputably the act of a moral law-breaker. It is not the right way to behave in a democracy. When the other guy gets more votes and seats, Silvio, then you have to quit. The team that gets the most goals is the winner, even in a penalty shoot-out. Them's the rules. But Berlusconi has always been a rule-breaker, a law-avoider, a responsibility shirker. The refusal to accept the existing rules is at the heart of his politics. That is why he not quitting now. And, while we're at it, let's put the next great fear out on the table here too.

The longer Berlusconi clings to power, the more likely that he will fix the result, by bribery or dirty tricks, in his favour. By all means have a review and a recount and so on - but not under the supervision of a government that is trying to hang on to office.

What we are seeing is close as dammit to an outrage to democracy of the kind with which the European Union is not unfamiliar. This was the way Milosevic behaved when Serbs voted him out. It is the way Viktor Yanukovich acted when Ukrainians had the effrontery to vote for Yushchenko. If Berlusconi does not quit, the nations of Europe should break off diplomatic relations. Italy should be excluded from all EU functions until the will of the electorate is respected. If Europe allows Berlusconi to stay in power it will have proved itself as useless as the League of Nations was when it failed to stand up to another Italian autocrat 70 years ago."

Agenzia Giornalistica Italia - THE ITALIAN ELECTION: COSSIGA, BERLUSCONI SHOULD RESIGN & GO TO THE BAHAMAS

For the full report go to Agenzia Giornalistica Italia or click on this link

THE ITALIAN ELECTION: COSSIGA, "BERLUSCONI SHOULD RESIGN & GO TO THE BAHAMAS"

(AGI) - Rome, April 12 - Honorary President of the Republic, Francesco Cossiga launched an appeal to the President of the Republic to give the job to Prodi "without waiting 40 days, during which something or other could occur. Cossiga said: "Silvio Berlusconi should render a service to the country, that perhaps will be his last, and avoid further bad images of Italy. Go to the Presidential Palace and resign to avoid a dangerous void. If President Ciampi should reject his resignation Berlusconi should confirm it and go to the Bahamas because he no longer counts for anything. He is a nothing. The leader of the opposition has been boycotted by the people."

Reuters: Berlusconi denounces Italy election as fraudulent - by Giuseppe Fonte

For the full report go to Reuters.com or click on this link

Berlusconi denounces Italy election as fraudulent - Giuseppe Fonte

ROME (Reuters) - Defeated Prime Minister Silvio Berlusconi on Wednesday denounced what he called widespread fraud at Italy's general election and demanded his center-left rival Romano Prodi be stripped of victory. Prodi immediately condemned Berlusconi's efforts to overturn the results of the April 9-10 election, the closest in modern Italian history, and his allies warned that the prime minister was stoking dangerous political tensions. The stand-off between the leaders of Italy's two main coalitions pushed Europe's fourth largest economy into uncharted waters and toward a full-blown crisis. "The election result has to change because there was widespread fraud," Berlusconi told reporters after meeting President Carlo Azeglio Ciampi. "There was fraud that doesn't go in all directions. It just goes one way," he added, suggesting that the alleged ballot box irregularities had all been at the expense of his alliance.

Prodi, attending a victory rally in his home city of Bologna in northern Italy, dismissed the allegation. "We have won ... Berlusconi has to go," said Prodi, a former president of the European Commission whose victory has been acknowledged by France, Spain, Luxembourg and the European Commission but not Washington. (Berlusconi was one of the few US European allies in the war against Iraq)

BlogHer: Immigration, Euro-style - by Pam

For the full report go to BlogHer or click on this link

Immigration, Euro-style

Immigration, Euro-style - by Pam

With the US immigration rallies on front pages everywhere, it's almost impossible to not draw parallels between the new US plans and the historically unsuccessful European plans. America's guest worker program mirrors the 'gastarbeiter' program on this side of the Atlantic. It's unfair to say it's been nothing but trouble, but one only need to look to the last round of riots (the last ones, not the student ones - ah the French!) in France to get a feeling for how well Europe's immigration program has worked.

ESA Portal - 600 metre frieze of planet Earth around UNESCO

For the full report go to the ESA Portal or click on this link

A frieze depicting planet Earth – made up of 1:1000000 scale satellite images – will be unfurled around UNESCO’s Paris headquarters building from 29 March to 4 November. The “Belle île en ciel” exhibition, organised by UNESCO as part of its 60th birthday celebrations, will be officially opened on 29 March (at 5 p.m.) in the presence of UNESCO Director General Koïchiro Matsuura, ESA Director General Jean-Jacques Dordain and Parc Européen du Volcanisme ‘Vulcania’ President Jean Mallot. The exhibition – which is being supported by the European Space Agency, the Parc européen Vulcania, PlanetObserver, Spot Image, RATP and L’Express - will give visitors a view of the Earth from a strikingly fresh perspective. It will essentially serve to highlight the planet’s fragility.

“EU to Ask, What Is Europe?”

theTrumpet.com

"EU to Ask, What Is Europe?
WORLDWATCH: EUROPE
May 2006

Identifying Europe on a map might not be too difficult for anyone with a high school education. But try to identify where Europe ends, what its borders are, and you need an international summit.

Looming over a two-day summit of European Union leaders at the end of March in Brussels, Belgium, was the question of how big the EU can be allowed to get and who can join.

With the questions still looming, foreign ministers have scheduled an informal summit for May to assess “where Europe’s future borders lie,” according to the Netherlands’ Ben Bot (Associated Press, March 24). Bot told reporters, “One of the many questions Europeans ask is, ‘Are there no borders to the EU that should be fixed?’”

A German politician, claiming to speak for public sentiment across the Continent, stated just before last week’s conference that governments “must make clear where the borders of Europe are.” The politician is Bavarian Premier Edmund Stoiber, leader of the sister party to Chancellor Angela Merkel’s Christian Democrats, whose career analysts pronounced dead when he rejected a seat in Merkel’s cabinet.

His comments on a radio program just before the summit sparked discussion on one of the most fundamental issues facing the EU: What is Europe?"

Forbes.com: EU's Kroes: commission 'will act' against banks' excessive credit card profits

For the full report go to Forbes.com or click on this link

BRUSSELS (AFX) - EU Competition Commissioner Neelie Kroes vowed to crack down on excessive credit card charges, warning that the commission will force banks to cut them back if the industry fails to present its own proposals within the coming weeks. 'Banks are making too much profit... (and) if there is a need for competition enforcement (to bring the charges down) then we will act, no doubt about it,' Kroes told a news conference.

Earlier, the commission issued a preliminary review that concluded that the EU payment card industry is too confined to national markets, generating huge discrepancies in customer charges from country to country. Making cross-border payments as easy as domestic payments could save the EU economy between 50-100 bln eur per year

Address byJosé Manuel BARROSO

..:: ABHABER.COM ::..

"Address by

José Manuel BARROSO

President of the European Commission


on the occasion of the
second part of the 2006 Ordinary Session
of the Council of Europe Parliamentary Assembly


(Strasbourg, 10-13 April 2006)

Mr BARROSO (President of the European Commission) said that he was grateful for the opportunity to address the Assembly. He wished to underscore the links that bound the two institutions, to think about the challenges facing Europe and to seek common solutions. Some months ago he had been in Strasbourg to attend the ceremony to mark the 50th anniversary of the European flag. The European project had continued to unfurl over those fifty years, including with the creation of the European Union.
"