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BY KEITH NUTHALL
EUROPEAN competition commissioner Mario Monti has complained that his hands are being tied by the weakness of European liberalisation legislation, a lack of will at Member State level to force through reforms and also the appetite of big players to press ahead with acquisitions.…

BY ALAN OSBORN
THE CREATION of a European Aviation Safety Agency has moved closer following a “broad preliminary agreement” by EU transport ministers on common rules for civil aviation safety between the 15 member countries. The European Commission has been given 12 months to draw up “adequate proposals” on how the proposed regulation could be applied to third country aircraft.…

BY KEITH NUTHALL
MINISTERS from the 15 EU member governments have cut back the proposed representation of the European Commission on the management board that will run the new European Food Authority. Instead of four members on the 16-member panel, the Commission is to have only one.…

BY KEITH NUTHALL
THE European Union’s Council of Ministers has failed to agree the latest proposals from the European Commission to tighten Europe’s cosmetics animal testing regulations, while abiding by free trade commitments at the World Trade Organisation. Ministers have referred the proposal to the Council’s permanent representatives committee of officials, who have been asked to draw up an alternative compromise.…

Keith Nuthall
THE EUROPEAN Commission has greeted with anger the decision by the European Parliament to reject a proposed directive on harmonising financial procedures for takeover bids that take place within the European Union.

The proposal was formally tabled six years ago and has been the centre of intense debate, leading to what was supposed to be a final compromise, struck between the parliament and the EU Council of Ministers, meeting in a conciliation committee.…

BY KEITH NUTHALL
THE EUROPEAN Union has launched the first of a series of virtual research institutes, independent organisations that links their scientists and technicians by remote electronic communications, such as broadband Internet networks. The idea is to bring to life the European Commission plan to create a European Research Area, where think tanks and university departments in different Member States work together, regularly and effectively, maximising the EU’s potential for innovation.…

Keith Nuthall
A REPORT from the Organisation for Economic Cooperation and Development (OECD) calling for liberalisation is a little like a report from the Pope suggesting more prayer, but the world’s premier international think tank has refined its arguments regarding utilities in a recent formal recommendation to its member governments.…

BY KEITH NUTHALL
CIGARETTE packets sold in the European Union could be graced with gory medical images designed to shock smokers into quitting, as a result of a compromise deal struck between the EU Council of Ministers and the European Parliament over the final form of the new European tobacco directive.…

BY ALAN OSBORN
THE EUROPEAN Shippers Council has welcomed a decision by the European Commission to issue a statement of objections to the International Air Transport Association (IATA) over its cargo tariff consultations. The Commission says that the IATA consultations restrict competition “and are no longer indispensable to provide customers with efficient interlining services within the EEA.”…

Keith Nuthall
DEVELOPING countries that export textiles and clothing, have rejectred calls by their rich trading partners, that they should open their domestic markets in return for further import concessions being offered by developed countries.

Meeting in Guatemala, the International Textiles and Clothing Bureau’s Council of Representatives “categorically rejected” bids by the European Union and the United States “to demand additional market access concessions from developing countries as a condition to fully comply with their obligations under the Agreement on Textiles and Clothing of the World Trade Organization.”…