News from Europe

October 2004
Management Services;Oct2004, Vol. 48 Issue 10, p18
Academic Journal
This section presents news briefs on various financial and management services issues in Europe, as of October 2004. The European Commission is again calling for opinions on the proposed revisions to the Working Time Directive. This is the exercise that earlier this year gave rise to fears in the national media that the ability of employees to voluntarily opt out of the rules might be made illegal. That would cause management services types all manner of complexities in employee deployment efficiency measures. On the other hand, the report concludes that the number of people and businesses accessing the Internet at high speed had grown by more than 80 percent in the year to January 2004. Any broadband supplier could have told them that for free and would not have taken months to do it. Ominously, though, it says that growth should be market driven but concludes that national approaches must be kept under review and updated during 2005. On the other hand, one European-side scheme that does produce concrete results is the Eureka scheme. In its basic form this is nothing more than a meeting shop where companies in various European countries can collaborate research and development projects.


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