EXME 13 / 16.04
Midday Express of 2013-04-16
News from the European Commission's Midday Briefing
Nouvelles du rendez-vous de midi de la Commission européenne
Euro area annual inflation was 1.7% in March 2013, down from 1.8% in February. A year earlier the rate was 2.7%. Monthly inflation was 1.2% in March 2013. European Union annual inflation was 1.9% in March 2013, down from 2.0% in February. A year earlier the rate was 2.9%. Monthly inflation was 0.9% in March 2013.
Commissioner Hedegaard presents climate communication campaign on visit to Spain
Connie Hedegaard, European Commissioner for Climate Action, will visit Madrid and Barcelona on 17-19 April for talks with leading Spanish political and economic figures. In Madrid on 17 and 18 April Commissioner Hedegaard will present the Commission's climate change public awareness campaign A world you like with a climate you like at an event with Spanish Environment Minister Miguel Arias Cañete. She will have separate meetings with Mr Arias Cañete and Secretary of State for Environment Federico Ramos de Armas and also meet Iñigo Méndez de Vigo, Secretary of State for European Affairs, and Alberto Nadal, Secretary of State for Energy, over dinner. Commissioner Hedegaard will also address the Spanish Parliament's committee on climate change and hold talks with Elena Valenciano, Juan Moscoso and Hugo Moran from the opposition Socialist Party. She will speak at a breakfast debate organised by Nueva Economía Fórum and visit an EU-supported climate-friendly social housing project. In Barcelona on 18 and 19 April Commissioner Hedegaard will have a meeting and press point with the President of Catalonia, Artur Mas, will meet the Advisory Council for Sustainable Development of Catalonia and will make a working visit to the Secretariat of the Union for the Mediterranean. She will also have a dinner with key opinion-makers, a meeting with the President of the Spanish Renewable Energy Association, Jaume Margarit, and visit an EU-funded waste-to-energy plant.
Mergers: Commission approves creation of joint venture "OneSubsea" by Cameron and Schlumberger
The European Commission has approved under the EU Merger Regulation the proposed creation of a joint venture combining the subsea businesses of Cameron of the US and Schlumberger of the Netherlands. Cameron manufactures and supplies technical products for the oil and gas industries, such as drilling systems, valves, etc. Schlumberger provides information, management and technology services to oil and gas customers. The joint venture would operate under the name OneSubsea and would develop and supply products and services for subsea oil and gas production. The Commission concluded that the proposed acquisition would not raise competition concerns, because the parties are not active on the same market. Moreover, the Commission found that the parties would not be able nor willing to shut out competitors from the market, because after the transaction the merged entity would face a sufficient level of competition. The case was examined under the normal merger review procedure. More information is available on the Commission's competition website in the public case register under the case number M.6854 .
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