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Europe Daily Bulletin No. 7712

8 May 2000
Contents Publication in full By article 6 / 28
GENERAL NEWS / (eu) eu/euro
Euro Group Finance Ministers release a reassuring statement noting that the exchange rate of the European currency is a "common concern"

Brussels, 08/05/2000 (Agence Europe) - The Euro 11 Finance Ministers expressed on Monday their "common concern" about the ongoing weakness of the euro in relation to the dollar. At the conclusion of a meeting of the "Euro 11", the Ministers released their first-ever statement, which was read to the press by Portugal's Finance Minister Joaquim Pina Moura, who chaired the meeting. They agree to speed up structural reforms on which agreement was reached at the Lisbon European Summit in March,...

Contents

THE DAY IN POLITICS
(EU) EU/"GYMNICH" SESSION: Informal Furnas meeting sees beginning of easier relations between "Quatorze" and Austria and sets off debate on aims of European construction - Solana sent to Philippines on behalf of Union
(EU) EU/AUSTRIA: It is time to do away with bilateral sanctions, says Vienna, which adopts an action plan of 17 initiatives (including a visit by Schüssel to the Commission and a referendum in the autumn if the sanctions are not waived)
(EU) EU/AUSTRIA:
(EU) EU/ZIMBABWE: International election observers must be able to work in good conditions, say Member States
(EU) EU/SCHUMAN DECLARATION: European plan must be general, ambitious and loyal to what was wanted by founding fathers, said Mr Davignon - Mrs Reding: we need "architects and visionaries"
GENERAL NEWS
(EU) EU/EURO: Euro Group Finance Ministers release a reassuring statement noting that the exchange rate of the European currency is a "common concern"
(EU) EU/ECOFIN COUNCIL: Lemierre to be new EBRD President - Revision of financial perspectives is premature - Other results
(EU) EU/SOCIAL: Employment and Social policy Council wants to actively contribute to development of "broad guidelines" - Timetable of Commission initiatives for "Spring summit" of 2001
(EU) EU/BALKANS/BUDGET: Commission to propose programme for Balkans (CARDs) on Wednesday) - Breakdown and origin of EUR 5.5 billion over seven years
(EU) EU/MONTENEGRO: Council decides in principle on exceptional financial aid of EUR 20 million, a guarantee for EIB loans up to EUR 50 million is being studied
(EU) EU/INTERNAL MARKET: European Commission revises its "internal market strategy" with view to promoting implementation of Lisbon objectives
(EU) EU/COMPETITION: European Commission adopts annual 1999 report on competition policy - Declaration by Mr Monti
(EU) EU/COMPETITION:
(EU) EU/COMPETITION: Commission authorises Nabisco's acquisition of United Biscuits
(EU) EU/COMPETITION: Dynamite Nobel and Orica Europe are authorised to set up a joint venture to develop a new type of detonator for the mining and building industries
(EU) EU/TRADE POLICY: Commission terminates anti-dumping proceedings on imports of bicycle frames, forks and wheels from China and Taiwan
(EU) EU/LISBON SUMMIT: Mr. Liikanen notes that implementation of summit conclusions is progressing rapidly, Mr. Maystadt announced contribution of EIB
(EU) EU/TRANSPORTS: First assessment in June of definition phase in Galileo Satellite Navigation system, which could be operational before 2008
(EU) EU/LITHUANIA: Law on closure of a first part of the Ignalina nuclear power station opens way for donors conference
(EU) EU/RESEARCH: Co-operation between industry and European Union for reduction of motor vehicle emissions
(EU) EU/TELECOMMUNICATIONS: Commission organises a public hearing on modification of telecommunications legislative framework
(EU) NEWS OF THE WEEK: 1 to 7 May 2000
ECONOMIC INTERPENETRATION
(EU) Privatisations:
(EU) Telecommunications:
(EU) Telecommunications:
(EU) Electronics:
WEEKLY SUPPEMENT
EUROPEAN LIBRARY: N° 413
VALUE OF THE EURO IN DIFFERENT CURRENCIES 08/05/2000: