EUobserver.com

HEADLINES
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1. Sarkozy wants more EU crisis funding
2. European biofuels win last-minute reprieve in new data
3. Record rescue package for battered Hungarian economy
4. Lukashenko may come to EU summit
5. Poland adopts step-by-step euro entry plan
***** THE NEWS *************************************************************
1. Sarkozy wants more EU crisis funding - 29.10.2008 - 09:22
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French president Nicolas Sarkozy has called for an EU crisis fund formember states to be extended from 12 billion currently to "at least" 20 billion in order to boost the bloc's ability to respond to the financialturmoil.
http://euobserver.com/9/27011/?rk=1

2. European biofuels win last-minute reprieve in new data - 29.10.2008 - 09:28
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The European Commission has amended its values for the amount of greenhousegas emissions biofuels release so that certain fuels produced in Europethat previously would not have met new "green" thresholds approved by MEPsnow meet them.
http://euobserver.com/9/27013/?rk=1

3. Record rescue package for battered Hungarian economy - 29.10.2008 - 09:19
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Hungary is to receive a record sum of €20 billion in a rescue package agreed to by the European Union, the International Monetary Fund and theWorld Bank and designed to help Budapest cope with the devastating damageto national finances and the forint caused by the global credit crunch.
http://euobserver.com/9/27009/?rk=1

4. Lukashenko may come to EU summit - 29.10.2008 - 09:26
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The upcoming Czech EU presidency is considering inviting Belarus PresidentAlexander Lukashenko to an extraordinary EU summit in the first half of 2009, if the country introduces pro-democratic reforms.
http://euobserver.com/9/27012/?rk=1
5. Poland adopts step-by-step euro entry plan - 29.10.2008 - 09:22
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The Polish government has adopted a detailed timetable designed to replace the Polish zloty with the euro on 1 January 2012, but question marks remainover a potential referendum on the move.
http://euobserver.com/9/27010/?rk=1