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Europe Daily Bulletin No. 7697

13 April 2000
Contents Publication in full By article 41 / 48
ECONOMIC INTERPENETRATION / (eu) banking

The American bank WELLS FARGO ($218 bn in assets) has announced the acquisition of the bank FIRST SECURITIES ($23 bn in assets with a workforce of 9,600 and 333 branches) in a transaction through a share swap estimated at $3.2 bn.

Contents

THE DAY IN POLITICS
(EU) EP/INSTITUTIONAL REFORM: Council President takes stock of IGC's work and notes "openings" mainly for extending majority vote - Possible "enhanced cooperation" in CFSP should follow specific arrangements
(EU) EP/LISBON SUMMIT: Parliament not able to give stance on results of summit
(EU) EU/AUSTRIA: Austria's reaction to France's attitude over information on the next Council Presidency, answer from Mr. Moscovici
(EU) EU/COMMITTEE OF THE REGIONS: Agitated session due to the presence of Mr. Haider, several members called (in vain) for his resignation
(EU) EP/AUSTRIA: Klestil invites European Parliament to contribute to seeking common solution to current situation and restates his country's commitment to European values
(EU) EU/DEMOCRACY: Commission initiative to organise and improve assistance to electoral process in third countries
GENERAL NEWS
(EU) EU/CONSUMERS: First debate on excessive consumer debt, integration of their interest in sectoral policies, implementation of Community legislation, on Council agenda this Thursday in Luxembourg
(EU) EU/ECONOMY: Mr. Solbes recognised the possibility for a Member State to practice different wage policies on a regional basis
(EU) EU/STATE AID: European commission considers that aid granted by Member States is still too high, even though data for 1996-1998 show a decrease
(EU) EU/STATE AID: Commission refers to Court of Justice case of WestLB against Germany
(EU) EU/STATE AID: Approval for shipbuilding aid in the Netherlands
(EU) EU/STATE AID: Green light to French and Dutch aid for Community ITEA research programme (computing)
(EU) EU/STATE AID/ITALY:
(EU) EU/COMPETITION: Go-ahead for Vodafone/Mannesmann merger as long as the new group sells Orange and opens up the network for three years
(EU) EU/STATE AID: In principle, Spain may grant aid for regional purposes to a territory covering some 80% of the population
(EU) EU/UNITED STATES: European Commission and European Banking Federation denounce discrimination against European banks on American market
(EU) EU/TRADE POLICY: Anti-dumping duties on television sets originating in several Asian countries could be extended and increased
(EU) EU/UNITED STATES: Joint evaluation of new herbicide for corn production
(EU) EP/CONSUMERS: Parliament opposed to authorisation of certain new food additives
(EU) EP/ENVIRONMENT: Parliament modifies Council common position on GMOs - Wallström pleased
(EU) EP/AGRICULTURE:
(EU) EP/ASSISTANTS: Fontaine and Onesta have announced transitory measures insuring greater transparency
(EU) EU/AGRICULTURE: Commission approves proposal on national funds aiming to stabilise pig farmer revenues
(EU) EU/STATE AID: According to Commission, rebates granted between 1990 and 1996 by EDF to five paper mills does not represent state aid
(EU) EU/STATE AID: Commission asks Germany to recuperate aid paid to System Microelectronic - Frankfurt on Oder/Brandebourg
ECONOMIC INTERPENETRATION
(EU) Business:
(EU) Investments:
(EU) Finances:
(EU) Cleaning:
(EU) Water:
(EU) Legal:
(EU) Industrial gas:
(EU) Chemicals:
(EU) DIY:
(EU) Leather:
(EU) Textiles:
(EU) Automobile equipment:
(EU) Tyres:
(EU) Mopeds:
(EU) Leisure:
(EU) Banking:
(EU) Banking:
(EU) Telecommunications:
(EU) Aeronautics:
(EU) Aerospace:
(EU) Airlines:
SUPPLEMENT
EUROPE/Document N° 2184-2185: New guidelines and new dimension for relations between the EU and Africa according to the texts approved by the first Euro-African summit in Cairo early-april (I)
VALUE OF THE EURO IN DIFFERENT CURRENCIES 12/04/2000: