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Europe Daily Bulletin No. 7630

10 January 2000
Contents Publication in full By article 26 / 39
ECONOMIC INTERPENETRATION / (eu) chemicals

SOLVAY has signed letters of intent with NORFLUOR (Mexico) and CHEMTECH PRODUCTS (United States) for the acquisition of the two firms, both active in fluorine products. No amount is mentioned for either of the two transactions. SOLVAY's turnover in fluorine activities totals around EUR 300 million, while CHEMTECH PRODUCTS has annual turnover of USD 40 million and NORFLUOR USD 20 million.

Contents

A LOOK BEHIND THE NEWS
: Some stances at the highest level (but neglected by most of the media) prove that certain Member States are not resigned to a dilution of the EU - Prospects for forthcoming institutional reform altered
THE DAY IN POLITICS
(EU) EU/COUNCIL/COMMISSION: Portuguese Presidency and Commission concur in large measure on the objectives of the next six months - Statements by Guterres and Prodi
(EU) EU/LIBYA: Libyan authorities agree to principles and acquis of Euro-Mediterranean Barcelona process, but one detail (regarding Israel) causes concern in Brussels
(EU) EU/BALKANS: Patten denies existence of divergence with Hombach
(EU) EU/COUNCIL/PRESIDENCY: Portuguese prime minister hopes to give Union more political muscle, including strengthened enhanced cooperation instrument - EU to have coherent strategy during employment/reform summit in Lisbon
GENERAL NEWS
(EU) EU/JAPAN: WTO, bilateral mutual recognition agreement and Japanese deregulation at centre of ministerial meeting in Brussels on Tuesday
(EU) EU/SCHENGEN: Belgium resumes controls at intra-Community borders to check on the regularisation of those people without papers
(EU) EU/SINGLE MARKET: Commission calls on France to communicate measures taken to guarantee the free movement of gods despite road blocks
(EU) EU/REGINAL POLICY: Further postponement of European Commission report on outlying areas
(EU) EP/COMPETITION: German Social Democrats to vote against reform announced in European Commission White Paper
(EU) EP/ECONOMY: Randzio-Plath says research institutes should be involved in drawing up annual economic report - Several Finance Ministers appear to favour blocking of financial services directives as a means of securing a decision on taxation on savings
(EU) EP/DEVELOPMENT: GUE/NGL Group calls on European Commission to make a statement over oil slick in plenary next week
(EU) EP/VENEZUELA: GUE/NGL Group calls for a delegation to be sent to Venezuela
(EU) EP/ENVIRONMENT: Myller Report backs establishment of national ceilings for emissions for atmospheric pollution
(EU) EU/BANKS: Eurostat study (in cooperation with ECB) shows an evolving European banking sector, marked by mergers and internationalisation
(EU) EU/COMPETITION: Mario Monti to submit a proposal to the Commission on 18 January for an investigation into German state aid to Holzmann
(EU) EU/COMPETITION: Commission should decide by 25 January to refer examination of distribution aspects of Carrefour/Promodes merger to French and Spanish authorities
(EU) EU/COMPETITION: Towards an in-depth enquiry into planned merger between Generali and INA (insurance, Italy)
(EU) TRANSPORT:
(EU) EU/SOUTH EASTERN ASIA: Thessaloniki conference focuses on civil society, social dialogue and modernisation of economic and social structures in countries of South Eastern Europe
(EU) EU/JUSTICE: Economic and Social Committee calls on Commission to identify financial resources needed to implement its plan to combat drugs (2000-2004)
(EU) EU/MEDIA: Professionals welcome envisaged modification of directive on financial transparency of public enterprise
(EU) EU/CONSUMERS: Sixth edition of European young consumers' competition on the theme "consumer demand in the 21st century"
(EU) EU/COCOA: European cocoa association to be created in Brussels soon
(EU) NEWS OF THE WEEK: 3 to 9 January 2000
ECONOMIC INTERPENETRATION
(EU) Chemicals:
(EU) Chemicals:
(EU) Chemicals:
(EU) Automotive equipment:
(EU) Cars:
(EU) Telecommunications:
(EU) Telecommunications:
(EU) Audiovisual sector:
(EU) Market studies:
(EU) Insurance:
(EU) Watches:
(EU) Distribution:
WEEKLY SUPPLEMENT
EUROPEAN LIBRARY: N° 396
VALUE OF THE EURO IN DIFFERENT CURRENCIES 10/01/2000: