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EXME 13 / 12.03

Midday Express of 2013-03-12

News from the European Commission's Midday Briefing

Nouvelles du rendez-vous de midi de la Commission européenne

SMEs: Damaging late payment culture due to end on 16 March

Every day across Europe, dozens of small and medium sized enterprises (SMEs) go bankrupt as their invoices are not paid. As a result jobs are lost and business opportunities remain unexploited, stalling our return to economic growth. To end late payments the European Union therefore adopted Directive 2011/7/EU on combating late payment in commercial transactions. By 16th March 2013 Member States will need to have integrated the revised Late Payments Directive into their national law. It obliges public authorities to pay for goods and services within 30 calendar days or, in very exceptional circumstances, within 60 days. Businesses should pay their invoices within 60 calendar days, unless they expressly agree otherwise and if it is not grossly unfair to the creditor.

Mergers: Commission clears joint acquisition by DSE, INCJ and Solar Ventures of Solar Holding

The European Commission has granted clearance under the EU Merger Regulation to the acquisition of joint control by UK Diamond Solar Europe Limited ('DSE'), Innovation Network Corporation of Japan ('INCJ') and the Italian company Solar Ventures Srl over the Italian company Solar Holding Srl. Solar Holding, which is active in the generation and wholesale supply of electricity from solar sources in Italy, was previously controlled by the Italian private equity firm AME Venture. Solar Ventures is a subsidiary of AME Venture active in the photovoltaic sector in a number of countries. DSE is a wholly owned UK subsidiary of the Japanese Mitsubishi Corporation, which is active in power generation. INCJ is a Japanese government-sponsored private equity corporation. The operation was examined under the simplified merger review procedure. More information is available on the Commission's competition website, in the public case register under the case number M.6864 .

Rediffusion

Rail transport: Commission seeks to improve access to rail travel for persons with disabilities and passengers with reduced mobility

The European Commission is making accessibility an essential requirement for rail infrastructure when newly built, upgraded or renewed. Accessibility can be achieved by preventing or removing barriers and through other measures such as provision of assistance. The rules apply to infrastructure (e.g. obstacle-free routes, ticketing, information desks, toilets, visual and spoken information, platform width and height, and boarding aids) and to rail carriages (e.g. doors, toilets, wheelchair spaces, and information).

Autre matériel diffusé :

Letter from President Barroso to the Members of the European Council – rediffusion

Memo – Annex 1 to letter from President Barroso to the Members of the European Council "Key data on GDP, unemployment, public deficits and government debt" - rediffusion

Memo – Annex 2 to letter from President Barroso to the Members of the European Council "Trends in Current Account Balances and Unit Labour Costs - rediffusion

Memo "Statement from the President of the European Commission and the Secretary General of the Council of Europe on the vote by the Hungarian Parliament of the Fourth amendment to the Hungarian Fundamental Law" - rediffusion

Memo "Telecoms Regulatory body (BEREC) issues opinion on proposed rules for enhancing high speed internet roll-out – Statement from Vice President Neelie Kroes" - rediffusion

Speech by Commissionner Cioloș: "6 points clefs pour une réforme de la PAC consistante" – EMBARGO UNTIL 15:00 CET

Speech by Commissioner Damanaki: "State of play - Reform of the Common Fisheries Policy" - rediffusion


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