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Europe Daily Bulletin No. 7635

17 January 2000
Contents Publication in full By article 35 / 39
ECONOMIC INTERPENETRATION / (eu) finance

SG ASSET MANAGEMENT (French group SOCIETE GENERALE) has sold 80.1% of the capital of its American subsidiary AGAM CORP (2.6 bn euro under management) to ARNOLD AND S BLEICHROEDER, for an undisclosed amount.. Specialised in managing accounts for third parties, SG ASSET MANAGEMENT currently manages 150 bn euro.

Contents

A LOOK BEHIND THE NEWS
: The EU should not make the mistake of initiating a debate now on its future frontiers, debate that will only be meaningful once its ambitions and nature have been defined - Avoiding useless and traumatusing debate today
THE DAY IN POLITICS
(EU) EU/MIDDLE EAST: Jaime Gama and Javier Solana visit region - Open letter from Human Rights Watch
(EU) EU/INDONESIA: EU does not renew restrictive measures of September 1999, but strictly applies Code of Conduct on arms exports
(EU) CYPRUS: Cassoulidis ready to go to Ankara - According to Mr Papandreou, EU may contribute to intercommunal contacts
(EU) WEU: Solana visits Satellite Centre
(EU) EU/UNITED STATES/FRY: Trilateral meeting with Serb opposition on 19 January
(EU) EP/INSTITUTIONAL REFORM/LIBERAL GROUP: Paavo Vayrynen pleads in favour of IGC envisaging institutional reform in a "pan-European" context, with a "federated core"
(EU) FINLAND:
GENERAL NEWS
(EU) EU/MEXICO: Commission to recommend that the Councial approve the outcome of free-trade area negotiations
(EU) EU/MEDITERRANEAN: Fifteen prepare for next meeting of follow-up committee for Barcelona Process - Clarification over Libya case?
(EU) EU/KOSOVO: Agency for reconstruction holds first meeting
(EU) EU/COMPETITION: European Commission to launch consultations on Tuesday on regulations on horizontal agreements
(EU) EU/MONETARY: Revaluation of drachma prepares Greek accession to euro - Satisfaction in Greece and in Community circles
(EU) EU/ENVIRONMENT: EU intends keeping the pressure up on the United States so that the Montreal Conference leads to a positive result for biological safety and the safeguard of the world's biodiversity
(EU) EU/RESEARCH: European Commission to adopt communication by Busquin on Tuesday on European research area - Reacting to decline
(EU) EU/UNITED STATES:
(EU) COURT OF JUSTICE: A German judge must decide, with the aid of a survey, whether Lancaster can use the term "lifting" on one of its cosmetics - Its competitor Estée Lauder sees this as a deceptive and illegal claim
(EU) EP/SOCIALISTS: Baron presents Socialist Group's paper on employment, economic reform and social policy to President Guterres
(EU) EU/COMBATING FRAUD: Different stances between European Commission and EIB over Olaf's control over the Bank - Court of Justice to decide
(EU) EU/IMPORTS: Publication of total or partial suspension of customs duties applicable this year
(EU) EU/WTO/BANANAS: Ecuador formalises its request for sanctions against EU in banana affair
(EU) EU/EMPLOYMENT: Portuguese Presidency presents its plan for Lisbon Summit
(EU) EU/REGIONS: On Tuesday, Commission to adopt lists for "Objective 2" for France, Sweden, Austria and Luxembourg - Italy has yet to send in its project
(EU) EU/TRANSPORT: ETSC pleads in favour of Commission's next communication on road safety to limit level of alcohol allowed at the wheel and reduce danger of bodywork
(EU) NEWS OF THE WEEK: 10 to 16 January 2000
ECONOMIC INTERPENETRATION
(EU) Pharmaceuticals:
(EU) Telecommunications:
(EU) Internet:
(EU) Internet:
(EU) Airlines:
(EU) Internet:
(EU) Automotive equipment:
(EU) Retailing:
(EU) Agri-food:
(EU) Finance:
(EU) Insurance:
(EU) Banking:
WEEKLY SUPPLEMENT
EUROPEAN LIBRARY: N° 397
VALUE OF THE EURO IN DIFFERENT CURRENCIES 17/01/2000: