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Europe Daily Bulletin No. 7646

2 February 2000
Contents Publication in full By article 25 / 51
ECONOMIC INTERPENETRATION / (eu) banks

The French bank SG - SOCIETE GENERALE and Spanish bank BSCH (profits EUR 1.5 billion in 1999, up 26.1%) have announced a vast cooperation plan with: i) the creation of joint ventures in five branches, namely asset management, specialised financial services, investment banking, retail banking and brokerage and investment. The joint ventures formed in the context of these agreements will be held equally by the two groups: ii) cross shareholding, SOCIETE GENERALE holding 3% of BSCH capital, and...

Contents

THE DAY IN POLITICS
(EU) EU/AUSTRIA/COMMISSION: After special session, Commission shares concerns underlying declaration of Fourteen, but stresses it maintains working relations with Austrian authorities
(EU) EP/AUSTRIA: Call for Council and Commission declaration in plenary - Doubts over legality of Monday's statement
(EU) AUSTRIA/CZECH REPUBLIC:
(EU) EU/MIDDLE EAST: Solana welcomes the decision to hold the next meeting of the Multilateral Steering Group in Europe
(EU) EU/SUDAN: Council welcomes initiatives aimed at normalising Sudan's relations with Egypt, Eritrea, Ethiopia and Uganda
(EU) EU/CYPRUS: EU welcomes decision on death penalty
GENERAL NEWS
(EU) ACP/EU: Final negotiating session for conclusion of new development partnership agreement - Prospects are good
(EU) EU/TURKEY: Verheugen and Cem define priorities and programmes for Turkey's pre-accession to the Union
(EU) EP/KOSOVO: Parliament to state its view on Wednesday on financial aid
(EU) EU/TRADE POLICY: In the absence of anti-dumping measures on large aluminium electrolytic capacitors originating in the United States, the Commission decides, for the sake of consistency and fairness, not to impose duties on the same products originating in Japan, Korea and Taiwan
(EU) EU/INDONESIA: Commission to adopt on Wednesday a communication proposing closer relations with Indonesia to support reforms being undertaken by the Wahid government
(EU) EP/INSTITUTIONS: Parliament invited to approve two modifications to the operation of the Court of First Instance
(EU) EP/ENVIRONMENT: Plenary to state its view on Thursday on the directive on ecological elimination of wrecks - Vote expected to be difficult because two main groups are divided
(EU) EP/STATE AID/GERMANY: Jo Leinen criticises the Laender threatening to block institutional reform if the Commission attacks aid to regional banks
(EU) EP/RESEARCH: Parliament welcomes Mr. Busquin's proposals for European Area of Research
(EU) EU/ECOFIN: Greece's third stage on its march towards joining euro - Improvement in productivity enables Ireland to increase wages
(EU) EU/EURO: Council enriches and provides details for the manufacture of coins
(EU) EU/INSTITUTIONAL REFORM: European Trade Union Confederation criticises European Commission's position on reform of Economic and Social Committee
(EU) EU/MEDIA: Economic and Social Committee refers back debate on pluralism and concentration of media because of large number of amendments presented by Employers Group to draft opinion by Decaillon of Workers Group
(EU) EU/COMPETITION: Commission concludes that purchase by BellSouth (Untied States) of VR Telecommunications' share in E-Plus (Germany) does not come under Community law
(EU) EU/HEALTH/COSUMERS/ENVIRONMENT: On Wednesday, Commission to present what it means by the precautionary principle and which it intends to use in the EU's decision-making process
(EU) EU/MARITIME TRANSPORT: Memorandum of Understanding signed for creation of Equasis database on quality of seagoing vessels
(EU) EU/SINGLE MARKET: European Commission will not propose authorisation for Sweden to prolong retail sales monopoly on alcoholic beverages
(EU) EU/ELECTRONIC COMMERCE: Commission considers creating a name for Europe's own site on the Internet
ECONOMIC INTERPENETRATION
(EU) Banks:
(EU) Banks:
(EU) Banks:
(EU) Heavy goods vehicles:
(EU) Medical equipment:
(EU) Construction:
(EU) Engineering:
(EU) Telecommunications:
(EU) Materials:
(EU) Chemicals:
(EU) Banks:
(EU) Banks:
(EU) Risk capital:
(EU) Cars:
(EU) Air transport:
(EU) Transport:
(EU) Agri-foods:
(EU) Agri-foods:
(EU) Agri-foods:
(EU) Breweries:
(EU) Tobacco:
(EU) Medical equipment:
(EU) Telecommunications:
(EU) Rubber:
(EU) Metalworks:
(EU) Optics:
VALUE OF THE EURO IN DIFFERENT CURRENCIES 01/02/2000: