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Europe Daily Bulletin No. 7698

3 May 2000
Contents Publication in full By article 39 / 56
ECONOMIC INTERPENETRATION / (eu) banks

CHASE MANHATTAN has announced, as planned, the acquisition of the ROBERT FLEMING investment bank for the sum of £4.88 billion. The offer comprises cash of £2.573 billion and a share exchange worth $3.622 billion. The British bank will be renamed CHASE FLEMING after finalisation of the operation foreseen within four months from now. See E.I. of 12 April.

Contents

THE DAY IN POLITICS
(EU) EP/AUSTRIA: Presidents of political groups would like solution (which for Mr. Wurtz could only be FPO's leaving the government) to the current crisis - Mr. Klestil emphasises difficulty of separating bilateral sanctions from Community life
(EU) EP/BALKANS: EU to take on 85% of the cost of cleaning the Danube, announces Patten
(EU) EU/JORDAN: President Prodi meets Jordanian sovereign - Hoping for increased EU role in peace process - Enforcement of association agreement will rekindle cooperation
(EU) EP/INSTITUTIONAL REFORM: EP calls for IGC to result in ambitious reform and to make qualified majority the rule - Ceiling for number of Commissioners is abolished - Ceiling for MEPs maintained
(EU) EP/INSTITUTIONAL REFORM: Parliamentary Intergroup "SOS Democracy" opposed to constitutionalisation of treaty and "federalist tendencies"
(EU) GREECE/FYROM:
(EU) EU/D.R. CONGO: EU reiterates its backing for international efforts to ensure peace, recalling that it is up to the parties to implement the Lusaka Agreement
(EU) EU/KOREA: EU welcomes summit between the two Koreas and backs Kim Dae-Jung's proposal for peace and reunification
(EU) EU/PAKISTAN: EU concerned at certain aspects of trial of Nawaz Sharif and will monitor appeal filed by former Prime Minister
(EU) EP/RUSSIA: Parliamentarians meet
GENERAL NEWS
(EU) EU/CONSUMERS: Positive Council outcome on "consumer litigation", 'time-sharing" and "package holidays" and on electronic commerce
(EU) EU/CONSUMERS: Council cautious over European initiatives on consumer over-indebtedness - Yes to improving statistical data
(EU) EU/TEXTILES: Round table (with Lamy) on third market access for European textiles
(EU) EU/ECHELON AFFAIR: Parliament will form a temporary committee (and not an investigation committee)
(EU) EP/BUDGETS: Postponement of discharge for 1998 Parliament and Commission budget (but EP distances itself from the virulent "explanatory Stanuer statement"
(EU) EU/EMPLOYMENT: Anna Diamantopoulou and Ferro Rodrigues formally launch Equal initiative to fight against all discrimination on labour market
(EU) EU/SPORT: Fifa and UEFA delegation set out to MEPs problem of football in formulating suggestions
(EU) EU/COMPETITION: European Commission could remove from Telefonica Media and Sogecable right to immunity from fines for broadcast rights to Liga and Copa del Rey de football in Spain
(EU) EFTA/STATE AID:
(EU) EU/AGRICULTURE: Commission approves part of French aid to pork sector
(EU) EU/STATE AID: Partial approval of Irish measures in favour of SMEs
(EU) EU/AGRICULTURE: Italy will have to recover 50 million euro granted to "Centrale del Latte" of Rome, whereas other measures are not considered as aid
(EU) EU/STATE AID: EU Banking Federation renews its complaint over aid to "Livret Bleu" from "Credit Mutuel" in France
(EU) EU/MEDIATOR: Mr. Söderman spoke with President Prodi of transparency problem
(EU) EU/DEVELOPMENT: Annual NGO conference on future of EU development cooperation is followed by 26th General Assembly (14-15 April)
(EU) EU/KOREA/JAPAN: EU sends vaccines to Japan and South Korea to fight against outbreak of foot and mouth disease
(EU) EU/LATIN AMERICA: Council asks Commission to find a solution to avoid closure of Irela while awaiting audit report in financial management
(EU) EU/REGIONAL POLICY: European Commission adopts on Friday Community framework for "objective 1" aid to Mezzogiorno (Italy)
(EU) EU/LOBBY:
ECONOMIC INTERPENETRATION
(EU) Privatisation:
(EU) Agri-food:
(EU) Tourism:
(EU) Engineering:
(EU) Waste:
(EU) Chemicals:
(EU) Voice technology:
(EU) Telecommunications:
(EU) Telecommunications:
(EU) Banks:
(EU) Banks:
(EU) Space:
(EU) Air:
(EU) Coaches:
(EU) Beverages:
(EU) Restaurants:
(EU) Distribution:
(EU) Telecommunications:
(EU) Internet:
(EU) Television:
(EU) Telecommunications:
(EU) Oil:
(EU) Equipment:
(EU) Automobiles:
(EU) Distribution:
SUPPLEMENT
"EUROPE"/Documents No 2186/2187: 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 (II)
VALUE OF THE EURO IN DIFFERENT CURRENCIES 13/04/2000: