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Europe Daily Bulletin No. 7675

13 March 2000
Contents Publication in full By article 35 / 38
ECONOMIC INTERPENETRATION / (eu) banks

Germany's COMMERZBANK has signed a preliminary agreement for the purchase of 5.2% of Poland's BANK HANDLOWY, in which the US bank CITIGROUP was also interested, for EUR 60 million. COMMERZBANK will buy the share from BRE, which is itself 48.7% owned by COMMERZBANK.

Contents

A LOOK BEHIND THE NEWS
: Call for a balanced and reasonable view of immigration prospects and needs, the attitude to Austria and internal reform of the European Commission
THE DAY IN POLITICS
(EU) EU/AUSTRIA: Chancellor Schuessel urges fourteen to lift sanctions "contrary to principles of Amsterdam Treaty" and to resume dialogue - No threat of a systematic Austrian veto
(EU) EU/REFORM OF INSTITUTIONS: Commission approves, on Tuesday, additional contribution for IGC on taxation and social security
(EU) EU/MALTA: Opposition leader Alfred Sant makes clear Labour Party believes EU membership is not and will not be in Malta's interest
(EU) EU/SPAIN: José Maria Aznar's PP holds absolute majority in Congress
(EU) EU/BALKANS:
GENERAL NEWS
(EU) EU/ECOFIN: Fifteen decide unanimously to present the candidacy of Horst Köhler for IMF Director General post
(EU) EU/ECOFIN: Finance Ministers to take part at Lisbon Summit - Other Council deliberations
(EU) EU/INDUSTRY: Broad consensus at informal Council of Noordwijk on goals of Lisbon Summit to strengthen the competitiveness of Community companies
(EU) EU/SOCIAL: Agreement in principle on "anti-discrimination" package - Four pages for Lisbon Summit
(EU) EU/ECOFIN: Council observes that France, Luxembourg and Portugal are respecting Stability Pact obligations, but formulates criticisms and recommendations, notably for Portugal
(EU) EU/ECONOMY: Reduction of public deficits exceeds projections and growth could reach 3.5% this year
(EU) EU/COMMISSION: Romano Prodi initiates legal proceedings against an Italian newspaper for defamation
(EU) EU/UNITED STATES: First contacts with a view to replacing American sanctions by EU compensations in hormoned meat affair
(EU) EU/UNITED STATES: Commissioner De Palacio meets US under Secretary David Aaron to discuss aircraft fitted with hushkits, and reports to EP Committee on Environment (preparing resolution)
(EU) EU/EP/ENVIRONMENT: Myller and Davies reports invite plenary to approve and strengthen directives on national ceilings for atmospheric pollutant emission levels and the reduction of ozone concentration
(EU) EU/TURKEY: Verheugen welcomes progress made by Ankara, but insists on need for more effort, mainly in political field - Establishment on 11 April of "screening" bodies
(EU) EU/AGRICULTURE: European Commission finances advertising campaign on labelled beef
(EU) EU/LISBON SUMMIT: Standing Committee on Employment broadly supports Portuguese Presidency and European Commission guidelines
(EU) EU/SOUTH AFRICA/CORRIGENDUM:
(EU) EU/INTERNAL MARKET: Three appeals to the Court of Justice and three reasoned opinions for infringements to European legislation on public procurement by France, the United Kingdom, Spain and Luxembourg
(EU) EIB/FRANCE: 15.2 million euro loan for airport of Saint-Denis on island of Réunion
(EU) EIB/FRANCE: 11.4 million euro to complete the EIB Venture Capital Fund in the Caisse des depots et consignations
(EU) EP/ASYLUM/IMMIGRATION: Hernandez Mollar Report proposes a budget heading for cooperation with third countries in matters of immigration and defines a list of priority guidelines for future work
(EU) EP/OPENING OF PLENARY:
(EU) EU/REGIONS: Representatives of the German Laender want their powers to be clearly recognised in Treaty reform
(EU) EU/AGRICULTURE: Copa and Cogeca call for exhaustive scientific assessment before any placing on the market of genetically modified organisms
(EU) EU/FOOD SAFETY: Copa and Cogeca welcome "White Paper"
(EU) EU/RAIL TRANSPORT:
(EU) NEWS OF THE WEEK: 5 to 12 March 2000
ECONOMIC INTERPENETRATION
(EU) Investments:
(EU) Cars:
(EU) Chemicals:
(EU) Environment:
(EU) Banks:
(EU) Media:
WEEKLY SUPPLEMENT
EUROPEAN LIBRARY: N° 405
VALUE OF THE EURO IN DIFFERENT CURRENCIES 13/03/2000: