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Europe Daily Bulletin No. 7701

19 April 2000
Contents Publication in full By article 44 / 55
ECONOMIC INTERPENETRATION / (eu) automobile

BMW received a counter offer for the acquisition of ROVER emanating from a consortium made up of several capital-investment companies and ROVER distributors in which John Towers is participating, former ROVER boss, which should be ready to mobilise close to DM 2.65 billion. BMW is studying the proposal despite an agreement on principal concluded with ALCHEMY PARTNERS. See EI of 18 March.

Contents

THE DAY IN POLITICS
(EU) EP/INSTITUTIONAL REFORM: Informal meeting in Sintra confirms divergence on enhanced cooperation, says Tsatsos - Brok speaks of differentiation between legislative activities and simple "actions"
(EU) EP/INSTITUTIONAL REFORM: Pierre Vimont recognises acceleration of negotiation is necessary - maximum limit to number of Commissioners - debate on qualified majority not to be put to one side - issue is difficult because "hard core" of decisions is coming closer
(EU) EU/DENMARK: Rasmussen reminds Prodi of the priority of enlargement and the role of the Nordic dimension
(EU) EU/CHARTER OF FUNDAMENTAL RIGHTS: Commission to present communication with "strong political message" to Feira Summit
(EU) EU/GERMANY: Stoiber pleased with Prodi's initiative towards Länder
(EU) EU/CHINA: China blocks vote of resolution on human rights in Geneva, so EU does not have to give its stance
(EU) DEFENCE/KOSOVO: Eurocorps takes on KFOR command in Pristina for six months
GENERAL NEWS
(EU) EU/AGRICULTURE COUNCIL: Agriculture Council release broad guidelines on labelling of beef, maintaining two steps, but with an accelerate timetable - Other results of session
(EU) EU/AUSTRIA: Ferrero-Waldner does not support remarks by finance minister (who believes he is misunderstood)
(EU) EU/INDUSTRY: Parliament/Council agreement on late payments directive
(EU) EU/BULGARIA: Commission grants a Euratom loan of EUR 212.5 million for modernisation of Units 5 and 6 of the Kozludy nuclear plant
(EU) EU/ASIA: Commission prepares Seoul Summit, which is expected in October to relaunch ASEM process and draw up an updated cooperation framework
(EU) EU/HUMANITARIAN: Volume and aims of aid to Colombia, Mozambique, Indonesia and Cambodia
(EU) EU/FISHERIES:
(EU) EP/EURO: Euro's low exchange rate is cause for concern for the ECB - Towards a rise in interest rates?
(EU) EU/ECONOMY: Inflation rises further in the euro area - Commission sees this as a foreseeable development that will be reversed in the second half of the year
(EU) EU/COMPETITION: Commission initiates a detailed investigation into Pirelli's plans for takeover of BICC, an operation that at first sight gives rise to serious concerns
(EU) EIB/SPAIN: EUR 210 million for new cable telecommunications network in Madrid - Global loan for SMEs
(EU) EU/COMPETITION: Commission authorises polycarbonate joint venture between Bayer and Röhm
(EU) EU/COMPETITION: Go-ahead for Reuters/Equant joint venture
(EU) EP/PENSIONS: Parliament calls for elimination of obstacles to free choice in pension funds and for steps toward a single market in this area
(EU) EP/AGRICULTURE: Parliament does not state its view on new financing system for "Milk in Schools", Mr Fischler rejects amendments to his proposal
(EU) EP/EDUCATION: Parliament approves, with amendments, the European Year of Languages programme (2001)
(EU) EP/AFRICA: Parliament asks to be involved in follow-up to Cairo Summit
(EU) EP/INTERNAL MARKET: For a better running of the great market
(EU) EU/DEVELOPMENT: Cooperation between European Commission and NGOs is renewed. NGOs want to improve their efficiency and professionalism, Commission wants to strengthen consultation of civil society
(EU) EU/COMMITTEE OF THE REGIONS: Mr. Barnier outlines Commission position on institutional aspects
(EU) EUROPEAN MEDIATOR: Rules for protection of data do not prevent transparency
(EU) EU/COMPANIES:
(EU) EU/COMPETITION:
ECONOMIC INTERPENETRATION
(EU) Enterprises:
(EU) Privatisations:
(EU) Temporary employment:
(EU) Automotive equipment:
(EU) Express delivery:
(EU) Press:
(EU) Metals:
(EU) Mail-order sales:
(EU) Perfumes:
(EU) Distribution:
(EU) Textiles:
(EU) Biotechnology:
(EU) Optics:
(EU) Automobile:
(EU) Automobile:
(EU) Agro-Foodstuff:
(EU) Distribution:
(EU) Textiles:
(EU) Aluminium:
(EU) Industry:
(EU) Holding:
(EU) Telecommunications:
(EU) Internet:
(EU) Television:
VALUE OF THE EURO IN DIFFERENT CURRENCIES 18/04/2000: