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Europe Daily Bulletin No. 7660

21 February 2000
Contents Publication in full By article 29 / 39
ECONOMIC INTERPENETRATION / (eu) insurance

The British groups CGU (stock market capitalisation of GBP 10.4 billion) and NORWICH UNION (stock market capitalisation of GBP 8.4 billion) have announced their merger, creating a new group called CGNU, which will be the number one British insurer and Europe's fifth-ranking firm, with "strong positions" in Europe. The new venture will have annual premium income of GBP 26 billion, with 25 million clients and 66,000 employees. The two partners added that CGU shareholders would own around 58.5%...

Contents

A LOOK BEHIND THE NEWS
: Positive start to IGC on institutional reform must not hide radical differences between ambitions and conceptions on European integration - Jacques Delors "is not right yet", says Michel Barnier: but for how long?
THE DAY IN POLITICS
(EU) EU/SECURITY AND DEFENCE: In Sintra on Monday, Defence Ministers will discuss "headline goals" and impact on national budgets
(EU) EU/CHECHNYA: Patten announces that Commission Delegation and Ambassadors of Fifteen in Moscow will raise the problem of human rights violations with the Russian authorities
(EU) WEU/ASSEMBLY: Extraordinary meeting in Lisbon on 21 and 2 March
(EU) EP/INSTITUTIONS: Parliament gives approval to agreement with Commission on new committee procedure rules
(EU) EP/HUMAN RIGHTS: Angola, the American Indians, the disappearance of Andrei Babitsky and Cambodia
GENERAL NEWS
(EU) EU/BUDGET 2001: Funding of plan for the Balkans through reduction of agricultural spending at heart of European Commission's Wednesday's debate on budgetary guidelines for 2001
(EU) EU/AGRICULTURE: Commission to adopt on Wednesday its proposal for farm prices 2000/2001
(EU) EU/UNITED STATES: Commission and United States continue seeking agreement on protection of private data
(EU) EU/LISBON SUMMIT: Aznar suggests using "stage by stage" system to achieve, in ten years, objectives for employment, economic reforms and social cohesion
(EU) EU/LISBON SUMMIT: France, Italy and Belgium present their joint priorities for a Europe with full employment - Minimum average growth 3% annually indispensable
(EU) EU/EUROPEAN IDENTITY: Sintra seminar concludes that modernisation of social security and education to prevent exclusion from the workforce must be priorities on the European agenda
(EU) EU/HUMANITARIAN AID: Poul Nielson on official visit to Bangladesh
(EU) EU/RESEARCH: Commission approves a first set of research projects on the environment and sustainable development
(EU) EU/HEALTH/CONSUMERS: Commission hopes France will quickly identify the cause of the listeriosis outbreak and plans to propose tougher controls
(EU) EP/COMBATING CRME: With many criticisms and amendments Parliament approves convention on mutual assistance in criminal affairs
(EU) EP/TOURISM: Parliament calls for better coordination of policies to promote tourism
(EU) EP/SOCIAL PROTECTION: Andersson Report urges Commission to present social action programme together with timetable
(EU) EP/POSTAL SERVICES: Members voice concern about the future of universal service, which must be maintained - Monti reiterates Commission's commitment to guarantee it
(EU) EU/COMMISSION/REFORM: College seminar on internal reform
(EU) COURT OF FIRST INSTANCE: President Vesterdorf urges Parliament to consider an amicable solution in first stage of "Olaf" trial
(EU) EU/COMPETITION: Having doubts as to the legality of the merger between two American telecoms giants MCI WorldCom and Sprint, European Commission opens in-depth investigation
(EU) EU/COMPETITION: Commission authorises joint acquisition of E-Plus (Germany) by KPN (Netherlands) and Bellsouth (United States)
(EU) EU/COMPETITION: Volkswagen's acquisition of Europcar is authorised
(EU) EU/AFRICA: Preparation for the summit
(EU) EU/BUDGETS: Agricultural organisations strongly protest plans to finance reconstruction of Kosovo out of CAP funds
(EU) EU/INSTITUTIONAL REFORM: European Management Confederation considers European Commission should revise proposals relating to Economic and Social Committee
(EU) NEWS of the week: 14 to 20 February 2000
ECONOMIC INTERPENETRATION
(EU) Insurance:
(EU) Advertising:
(EU) Telecommunications:
(EU) Agri-foodstuffs:
(EU) Electricity:
(EU) Electricity:
(EU) Art:
(EU) Communication:
(EU) Oil:
WEEKLY SUPPLEMENT
EUROPEAN LIBRARY: No. 402
VALUE OF THE EURO IN DIFFERENT CURRENCIES 21/02/2000: