EU to propose energy overhaul
Article Abstract:
The European Commission is proposing legislation to improve competition within the European Union energy market and decrease the power of national monopolies. Possible initiatives include breaking up ownerships or the less drastic option, ownership unbundling, which would require firms that own both utilities and transit networks to sell off one or the other of those businesses.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2007
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Commission relents in battle to enforce EU's budget rules
Article Abstract:
The European Union has conceded its case against some of the European Union's biggest countries, the French and German governments having posted optimistic forecasts for their 2005 fiscal deficits. The European Union law states that budget deficits should be under three percent of gross domestic product limit.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2004
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EU proposes broad overhaul to its sugar-subsidy system
Article Abstract:
The European Commission aims to cut inflated sugar prices and halt overproduction by reducing subsidized sugar exports from 2.4 million tons to 400,000 tons. European Agricultural Commissioner Franz Fischler defends the proposal despite likely job losses in the industry and farmer resistance.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2004
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