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Europe Daily Bulletin No. 7714

11 May 2000
Contents Publication in full By article 34 / 58
ECONOMIC INTERPENETRATION / (eu) automobile

The British consortium PHOENIX has paid the German firm BMW a symbolic £10 for the British automobile manufacturer ROVER. To ensure the success of the operation, PHOENIX has a credit line of £200 million granted by BURDA FINANCIAL, British subsidiary of the American bank FIRST UNION, together with a refundable loan from BMW of £500 million to cover restructuring costs and the payment of pensions. See EI of 4 May.

Contents

THE DAY IN POLITICS
(EU) EU/CFSP: 11 May, interim military body holds first meeting
(EU) EU/AUSTRIA: Mr. Schüssel writes to his counterparts over sanctions
(EU) EU/PHILIPPINES: Mr. Solana gets assurances on negotiated solution
(EU) EU/ FRENCH PRESIDENCY: Priority will be social agenda says Mr. Jospin
(EU) EP/NORTHERN IRELAND:
(EU) EU/INSTITUTIONAL REFORM/AUSTRIA: Vienna in favour of substantial reforms and insists on maintaining one Commissioner per country and weighting of votes, which does not weaken small countries
(EU) EP/IGC/GREENS:
(EU) EU/SIERRA LEONE: EU condemns violation of peace agreement by Revolutionary United Front
(EU) EU/LEBANON: EU urges parties to refrain from further escalation
(EU) EU/SUDAN: EU welcomes order to stop bombardment of civilian targets in the South
(EU) EU/SPAIN:
GENERAL NEWS
(EU) ACP/EU: ACP Council bureau to invite Cuba to take part in its ministerial session on 5 and 6 June in Fiji and will then send out mission to promote resumption of political dialogue with Union
(EU) EU/BALKANS: European Commission proposes to improve, simplify and accelerate EU action in favour of the Western Balkans - Patten defends and justifies Commission's budgetary proposals
(EU) EU/SPORT: Fourteen Member States agree on European participation in World anti-doping agency, United Kingdom is opposed
(EU) EU/BUDGETS: EUR 3,200 million, unspent under 1999 budget, will be returned to Member States
(EU) EU/BUDGET 2001: Preliminary draft proposed by European Commission only provides for modest increases in funds, mainly earmarked for agriculture - Budgetary discipline is respected
(EU) EU/EU/ENERGY: Commission approves proposal on "green electricity"
(EU) EU/COURT OF FIRST INSTANCE: Judgement in Portuguese public television (RTP) affair rekindles case on State aid to public channels in the Union
(EU) EU/FISHERIES: Faced with the inadequacy of the result of the plan in force, the Commission recommends additional efforts to reduce the fishing fleet
(EU) EU/REGIONAL POLICY: Launch of Urban II and Interreg III initiatives
(EU) EU/AGRICULTURE:
(EU) EU/SOCIAL:
(EU) EU/SOCIAL:
(EU) EU/INTERNAL MARKET: European Commission proposes to modify and simplify directives forming legal framework for public procurement
(EU) EU/SOCIAL:
(EU) EU/TRADE/HEALTH/LDC: Information note by Pascal Lamy on access of third world populations to medicines
(EU) EU/COUNCIL: Services responsible for CFSP and ESDP will move into high security building
(EU) EP/STRASBOURG SESSION: Preliminary draft budget for 2001, combating fraud, broad guidelines for economic policies, farm prices and car insurance- Formal session with President of Slovenia - Vote on "Echelon"
(EU) EP/RESEARCH: Plooij-Van Gorsel report calls on Parliament to support the creation of a European Research Area
(EU) EU/RESEARCH:
(EU) EU/BUSINESS: A Unice report condemns high cost of Internet, weakness of venture-capital investments and lack of specialised labour in information technologies
ECONOMIC INTERPENETRATION
(EU) Express mail:
(EU) Telecommunications:
(EU) Automobile:
(EU) Banking:
(EU) Asset management:
(EU) Recycling:
(EU) Materials:
(EU) Materials:
(EU) Press:
(EU) Surveys:
(EU) Real estate:
(EU) Banks:
(EU) Banks:
(EU) Finances:
(EU) Food processing:
(EU) Automobiles:
(EU) Internet:
(EU) Internet:
(EU) Software:
(EU) Software:
(EU) Information technology:
(EU) Distribution:
(EU) Optical fibres:
(EU) Household appliances:
(EU) Oil:
(EU) Maritime:
VALUE OF THE EURO IN DIFFERENT CURRENCIES 10/05/2000: