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Europe Daily Bulletin No. 7666

1 March 2000
Contents Publication in full By article 45 / 54
ECONOMIC INTERPENETRATION / (eu) cosmetics

LVMH (France) has acquired a controlling share of the American cosmetics firm URBAN DECAY, recognised for its original products targeted at the young trendy market, for an undisclosed amount. SEPHORA, a subsidiary of LVMH specialised in the distribution of perfumes and cosmetics, has bought the Italian firm BOÏDI (sales of EUR 17 million in 1999 with 19 perfume shops).

Contents

THE DAY IN POLITICS
(EU) EU/CHINA: EU must determine its position after marathon dialogue session on human rights, without concrete results
(EU) EU/AUSTRIA: Reactions after surprise resignation of Jörg Haider as president of FPÖ - Our position remains the same, says Guterres
(EU) EU/CESDP: EU interim bodies formed on Wednesday 1 March - and prepare establishment of permanent bodies
(EU) EP/BELARUS: Parliamentary Troika to visit Minsk on 2 and 3 March
(EU) EP/MALTA: Stenzel satisfied with her "constructive" visit to Malta
GENERAL NEWS
(EU) EU/LISBON SUMMIT: European Commission document stresses EU must take advantage of favourable economic outlook to transform its economy by setting out priorities and goals as well as implementation timetable
(EU) EU/LISBON SUMMIT: EIB could take part in "Lisbon Strategy" through additional EUR 12 to 15 billion loans, plus a billion in venture capital from its own resources
(EU) EU/UNITED STATES/IMF: Fifteen maintain Koch-Weser's candidacy for top post at IMF, despite American opposition
(EU) EU/TAXATION: Report with list of 66 European taxation systems and companies considered anti-competitive to be published
(EU) EU/ART MARKET: Agreement in sight on "artists' re-sale rights"?
(EU) EU/COMMISSION/REFORM: On Wednesday, Commission to approve its White Paper on Internal Reform, promising "dialogue" with trade unions
(EU) EU/TURKEY: Towards gradual forming of a genuine economic partnership
(EU) EU/TRANSPORT: Italy should this week adopt decree dividing flights to Milan between Malpensa and Linate airports
(EU) EU/COMPETITION: Commission conditionally authorises Telekom Austria to take joint control of multimedia company Libro
(EU) EU/COMPETITION: Clearance for Bertelsmann/Planeta joint undertaking for diffusion of paperbacks in Spain
(EU) EU/COMPETITION: Commission clears joint venture Granaria/Ültje/Felix Snack for processing nut snacks
(EU) EU/COMPETITION: General Motors authorised to acquire total control of Saab
(EU) EU/COURT OF AUDITORS: Renewal of Court's composition
(EU) EP/MEMBER STATUTE: Group of independent personalities is set up
(EU) EP/ADVERTISING/MEDIA: Creation of a group of representatives of Parliament and the advertising sector on commercial communications
(EU) EU/YOUTH:
(EU) EU/SUDAN: Commission can no longer provide humanitarian aid if Sudan People's Liberation Army does not guarantee safety of humanitarian personnel
(EU) EU/HUMANITARIAN AID: Commissioner Poul Nielson in Mozambique to assess needs of populations hit by flooding
(EU) EU/SLOVAKIA: Commission and Slovakian government come to agreement on medium-term economic priorities (2000-2004) with view to preparing Slovakia's EU membership
(EU) EU/ECOFIN: Council reacts favourably to Danish and UK convergence programmes - some criticisms and a few suggestions
(EU) EP/WTO/DEVELOPMENT: Mr. Moore (WTO) and Mr. Lamy (European Commission) present their initiatives aimed at having developing countries benefit from advantages of globalisation and trade liberalisation - Mr. Gakunu sets out concern and fears of ACP countries
(EU) COUNCIL OF EUROPE:
(EU) ECONOMIC AND SOCIAL COMMITTEE: Agenda for March plenary session
(EU) EU/UNITED STATES: Subsidiaries in Europe of American firms call for rapid Euro-American compromise over United States tax measures condemned by WTO
(EU) ESC/MERCOSUR:
(EU) HUMANITARIAN AID:
ECONOMIC INTERPENETRATION
(EU) Privatisations:
(EU) Information technology/Consulting:
(EU) Telecommunications:
(EU) Photography:
(EU) Finance:
(EU) Insurance:
(EU) Cosmetics:
(EU) Paper:
(EU) Cleaning:
(EU) Banks:
(EU) Insurance:
(EU) Electronics:
(EU) Technology:
(EU) Cosmetics:
(EU) Chemicals:
(EU) Oil:
(EU) Electricity:
(EU) Marketing:
(EU) Media:
(EU) Television:
(EU) Art:
(EU) Leasing:
VALUE OF THE EURO IN DIFFERENT CURRENCIES 29/02/2000: