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Europe Daily Bulletin No. 7702

20 April 2000
Contents Publication in full By article 40 / 50
ECONOMIC INTERPENETRATION / (eu) banks

The Swedish on-line business bank EPO.COM will be merging with its German competitor VEM AG -VIRTUELLES EMISSIONSHAUS AG- to become the European leader for new issues over the internet. The agreement provides for a share swap through which VEM will take over EPO.COM and become 58% owner of the new group, with the Swedish bank owning the remaining 42%. The operation values the group at around USD 300 million.

Contents

THE DAY IN POLITICS
(EU) EU/AUSTRIA: Jörg Haider threatens Austrian secession from the EU, Wolfgang Schüssel says bilateral sanctions are illegal, future French Presidency provides assurances
(EU) PES/AUSTRIA: PES in favour of an intensification of contacts with Austrian population - Support from SPO leader Mr. Gusenbauer
(EU) EU/CHINA: Portuguese President deplores that Beijing has blocked vote in Geneva on Human rights resolution
(EU) EP/ENLARGEMENT: Mrs Fontaine hopes certain new Member States will be able to participate in the European elections in 2004
(EU) EU/GAMBIA: Concern about confrontations with students
(EU) UE/ETHIOPIA/ERITREA:
(EU) EP/ZIMBABWE:
(EU) EU/INSTITUTIONAL REFORM: In its contribution to IGC, Germany supports weighting of votes in Council taking account of population numbers, and may envisage twenty-member Commission
(EU) CORRIGENDUM:
(EU) COUNCIL OF EUROPE: ECRI publishes reports on racism in Belgium, Bulgaria, Czech Republic, Hungary and Switzerland
(EU) EP/INSTITUTIONS: Working paper examines Parliament's institutional performance 1994-1999 - Developing European parliamentary democracy
GENERAL NEWS
(EU) EU/GIBRALTAR: United Kingdom/Spain agreement on Gibraltar's administrative structure opens way to several Community decisions in field of Justice and Home Affairs
(EU) EU/ENVIRONMENT: Fifteen decide urban environment will be one of priorities of Sixth Action Programme for sustainable development, and define general guidelines
(EU) EU/AIR TRANSPORT: Commission hopes for further deferral of flight transfers between Linate and Malpensa (Italy), foreseen for Thursday
(EU) EU/UNITED STATES: Euro-American divergences on planes equipped with hushkits will be discussed within ICAO, European ban will enter into force on 4 May
(EU) EU/BANGLADESH: Commission releases a payment of EUR 70 million for modernisation programme of health services
(EU) EU/WTO/CHILE: Commission to consult WTO on dispute with Chile on ban on Community vessels unloading swordfish catches
(EU) EU/TRADE POLICY: Revision of ferro-chrome quota
(EU) EU/COMMISSION: Philippe Lowe appointed as Neil Kinnock's chef de cabinet
(EU) EU/ENVIRONMENT: Reasoned opinion to Finland and Denmark for ongoing failure to comply with bathing waters directive
(EU) EU/ENVIRONMENT: Commission considers extension of Dava aeronautics factory on site protected for natural habitats in Germany may be justified for reasons of major public interest, but Germany should give compensation
(EU) EU/INTERNAL MARKET: European Commission will propose extension to 2004 of Sweden's limits on personal imports of alcohol and tobacco, but with a gradual increase in quantities authorised
(EU) EU/AGRICULTURE:
(EU) EU/EURO: Spectacular increase in payments in euros, especially by companies
(EU) EP/BUDGETS: Parliament postpones 1998 discharge for EDF and Economic and Social Committee but grants it for the ECSC, Court of Justice and Committee of the Regions
(EU) EU/COMPETITION: European Commission will renew for five years regulation on exemptions in favour of agreements between maritime companies
(EU) EU/COURT OF JUSTICE: Greece condemned for non-transposition of a Directive on packaging waste
(EU) EU/STATE AID: Green light for Danish regional aid regime
(EU) EU/COMPETITION: Nabisco and Danone presented new undertaking to be authorised to acquire United Biscuits - United Kingdom asks for dossier to be sent to it
(EU) EU/COMPETITION:
(EU) EU/COMPETITION:
(EU) EU/OMBUDSMAN: Given the lack of complaints over his previous recommendations on a "administrative code of good conduct" Mr. Söderman recommends the adoption of a European administrative legislation
(EU) EU/YOUTH: European Youth Forum prepares its position on future White Paper on youth policy
(EU) EU/RESEARCH: New "cost" projects
(EU) EU/TRANSPORTS: Railways call for tax policies that take into account "external costs" (notably accidents and pollution) of transports - Answer from road hauliers
(EU) EU/SOCIAL: Cultural differences, a poor knowledge of foreign languages and regional differences are some of the reasons which discourage free movement of workers within the EU, says Kangaroo Group
(EU) EU/SOCIAL: Young European doctors in medicine call for directive on working hours concerning them to be applied as soon as possible
(EU) EU/TRAINING/RUSSIA:
ECONOMIC INTERPENETRATION
(EU) Banks:
(EU) Banks:
(EU) Leasing:
(EU) Clothing:
(EU) Cosmetics:
(EU) Audiovisuals:
(EU) Telecommunications:
(EU) Telecommunications:
(EU) Computers:
(EU) Energy:
(EU) Tourism:
VALUE OF THE EURO IN DIFFERENT CURRENCIES 19/04/2000: