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Image header Agence Europe
Europe Daily Bulletin No. 7642
Contents Publication in full By article 29 / 48
ECONOMIC INTERPENETRATION / (eu) luxury goods

The French luxury products group LVMH has bought the American firm MIAMI CRUISELINE SERVICES, which describes itself as the world leader in tax-free sales on cruise vessels. The transaction was concluded for a figure close to the American group's turnover, i.e. USD 300 million. MIAMI CRUISELINE SERVICES will be integrated with DFS, LVMH's network of 150 tax-free luxury product shops in airports in the Asia-Pacific region and the United States. LVMH is also said to be interested in the acquisition of the watch division of Germany's MANNESMANN, in which the Swiss group SWATCH is also interested.

Contents

THE DAY IN POLITICS
(EU) EU/INSTITUTIONAL REFORM: In opinion on IGC, Commission mainly proposes qualified majority should become general rule and at least one third of Member States should establish "enhanced cooperation" within Treaty framework - Double simple majority (country and population) for council decisions
(EU) EU/COUNCIL OF EUROPE: Prodi discusses common values - Avoiding inconsistencies between bodies of case law of the two European courts
(EU) EP/AUSTRIA:
GENERAL NEWS
(EU) EU/TRANSPORT: On Thursday, the "Fifteen" to begin examining Commission Communication on "single European sky" - Bad mood among airline companies
(EU) EU/JUSTICE/HOME AFFAIRS: Commission approves its proposal relating to visa regime
(EU) EU/CHINA: Negotiations on Chinese membership to WTO progressing well but will continue next month as several aspects are still open
(EU) CORRIGENDUM:
(EU) EU/MOLDOVA: Moldova confirms that its strategic goal is one day to become an EU member - The country has a "European vocation" Council President acknowledges - Priority of agreement in force
(EU) EU/UKRAINE: Council Presidency hands to Ukrainian authorities its action plan for implementing the EU's common strategy
(EU) EU/ENLARGEMENT: Commission proposes new rules for financing agriculture in applicant countries (Sapard instrument)
(EU) EU/VENEZUELA: Council decides EU will give aid to reconstruction
(EU) EU/TRADE POLICY: Anti-dumping or anti-subsidy measures on polyester staple fibres originating in Australia, Taiwan, Indonesia and Thailand
(EU) EU/TUNISIA: Association Council notes smooth running of the agreement in force and welcomes Tunisian progress, at a time when significant developments are in view
(EU) EU/SOUTH AFRICA: Deadlock confirmed
(EU) COURT OF JUSTICE: Court deliberates over "Dorsch Consult" affair on possible EU liability in case of harm suffered by companies due to embargo (case of Iraq)
(EU) EU/TRANSPORT:
(EU) EIB/SPAIN:
(EU) EU/INTERNAL MARKET: Real integration of product and capital markets is moving forward but shortfalls still exist, observes European Commission
(EU) EU/TAX: Frits Bolkestein has doubts over future of tax package
(EU) EP/FRAUD: On 7 February, Court of First Instance should rule on possible suspension of EP decision allowing Olaf to investigate within its body
(EU) EU/EMPLOYMENT: Conference on Jobs with Anna Diamantopoulou
(EU) EU/SOUTH EASTERN EUROPE: Thessaloniki conference and ministerial meeting demand that "civil society" should develop in countries of South Eastern Europe alongside political authority - Adoption of action plan
(EU) EU/REGIONS/ENVIRONMENT: Commission specifies conditions imposed on projects to be financed by Structural Funds regarding compliance with environmental norms
(EU) EU/ELECTRONIC COMMERCE: Conference on "Europe and the E-Commerce Revolution"
ECONOMIC INTERPENETRATION
(EU) Privatisations:
(EU) Investments:
(EU) Internet:
(EU) Technology:
(EU) Luxury goods:
(EU) Holding companies:
(EU) Distribution:
(EU) Materials:
(EU) Pharmaceuticals:
(EU) Steel:
(EU) Internet:
(EU) Internet:
(EU) Information technology:
(EU) Cruises:
(EU) Holidays:
(EU) Leisure activities:
(EU) Banks:
(EU) Banks:
(EU) Banks:
(EU) Real estate:
(EU) Oil:
(EU) Air travel:
(EU) Cars:
VALUE OF THE EURO IN DIFFERENT CURRENCIES 26/01/2000: