Open Europe : Daily Press Summary

[Politics.be]

UK rebate would be cut by €1bn a year under Van Rompuy’s budget proposal European Council President Herman Van Rompuy’s proposals for the 2014-2020 EU budget could see the UK’s rebate cut by €1bn a year, according to UK officials. The Van Rompuy draft says all 27 EU countries should have to finance the rebate, including Britain itself, and there would be no compensation for British money spent on rural development, which effectively means a cut of almost 28%.

UK rebate would be cut by €1bn a year under Van Rompuy’s budget proposal
European Council President Herman Van Rompuy’s proposals for the 2014-2020 EU budget could see the UK’s rebate cut by €1bn a year, according to UK officials. The Van Rompuy draft says all 27 EU countries should have to finance the rebate, including Britain itself, and there would be no compensation for British money spent on rural development, which effectively means a cut of almost 28%.

Open Europe’s Vincenzo Scarpetta is quoted by the Telegraph as saying, “Although Van Rompuy’s proposal represents a cut and an improvement compared to the commission proposal, a cut to the UK rebate has been snuck in, meaning that the UK's net contribution to the EU budget would go up disproportionally.” He added, “A potential UK veto is still hanging in the air.”

Separately, an Ipsos Mori poll for the Evening Standard found that 46% of British people back Cameron’s call for a real-terms freeze in EU spending. Another 31% would go further by demanding a cut. Since 1996, the proportion supporting closer EU political and economic union has fallen from 24% to 13%. The percentage favouring withdrawal has risen from 19% to 23%. Another 28% would like Britain to be part of an economic community without the political links, while 29% would like the relationship to remain broadly the same as present.
Evening Standard Telegraph Guardian Mail Mail 2 Express FT: Brussels blog FT BBC Euractiv.pl Reuters

Bundesbank President warns against hasty banking union in the eurozone
Writing in Handelsblatt, Bundesbank President Jens Weidmann suggested that a eurozone banking union would require a resolution fund to help wind down banks, which should be funded by a levy on the banks themselves. Weidmann also said that banks should limit the level of domestic government bonds they purchase and hold sufficient capital against this debt. Lastly he stressed that it was more important to get the setup of a banking union right than have it in place quickly.
Handelsblatt Reuters Deutschland FAZ Reuters

Local government workers in Greece disrupted a meeting involving the German Consul to Greece yesterday after Hans-Joachim Fuchtel, a German envoy to Greece, said that, “the work carried out by 3,000 Greeks can be done by 1,000 Germans.”
FT FT 2 Kathimerini Kathimerini 2 Kathimerini 3 Kathimerini 4 Welt 2 IHT

EUobserver notes that the number of Greeks migrating to Germany increased by 78% in the first half of 2012, compared to the same period in 2011, while the numbers from Spain and Portugal increased by 53%.
EUobserver Welt Reuters

The Telegraph reports that Conservative sources have said advances by UKIP in the Corby by-election could force David Cameron to bring forward his delayed speech setting out his vision of Britain’s place in Europe.
Telegraph Mail

The foreign and defence ministers of France, Germany, Italy, Poland and Spain yesterday issued a joint call for a new EU military “structure” to manage overseas operations, EUobserver reports.
EUobserver Joint communiqué Le Figaro: Sikorski

Il Sole 24 Ore reports that Italian political parties are negotiating to bring the general elections forward to 3 March.
Il Sole 24 Ore Corriere della Sera La Stampa Repubblica Il Sole 24 Ore 2 Il Sole 24 Ore 3 FT FT: Thornhill

The Economist has a special report on France, and the magazine’s front cover describes the country as “The time-bomb at the heart of Europe.” French Prime Minister Jean-Marc Ayrault said, “France is not at all impressed by the excess aimed at selling copies”. French Industry Minister Arnaud Montebourg called the Economist “the satirical weekly of the City.”
Le Figaro Le Monde La Tribune Reuters Le Monde La Tribune AFP FT EurActiv Economist: Leader

Figures from the EU’s statistics office Eurostat show that the Dutch economy shrank by 1.1% of GDP during the third quarter of the year, despite forecasts envisaging a contraction of no more than 0.5%.
FT Telegraph European Voice BBC City AM

In the FT, under the headline, “Britain awaits an inevitable referendum”, Lord Mandelson writes “Burying Europe is no longer an option for , but nor is it an option for Ed Miliband, the Labour leader. Together with the Liberal Democrats’ Nick Clegg, they will have to take positions on successive blueprints of EU reform.”
FT: Mandelson CityAM: Lynn Economist: Charlemagne

The Spanish government yesterday adopted the law establishing the ‘bad bank’ which will take over toxic real estate assets currently held by Spanish banks. The ‘bad bank’ will start its operations on 1 December, reports El Pa�*s.
El Pa�*s El Mundo

Bron: politics.be

[roger verhiest]

Handig rond de pot gedraai om de totale redeloosheid van een korting op de britse EU bijdrage te verdoezelen. Dat ze hun lidgeld betalen of anders...