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Europe Daily Bulletin No. 7718

17 May 2000
Contents Publication in full By article 30 / 46
ECONOMIC INTERPENETRATION / (eu) chemicals

The German conglomerates VEBA and VIAG, now merging (see EI of 11 December 1999) have announced the poling of their respective subsidiaries DEGUSSA-HUELS and SKW TROSTBERG in a company called DEGUSSA AG (which will have a pro forma turnover of 14 bn euro). The future company to emerge from the merger between VIAG and VEBA, called E.ON will have a some 64% stake in the company.

Contents

A LOOK BEHIND THE NEWS
: The debate on the future of a united Europe has finally begun between governments and within institutions, and the different degree of ambition is obvious from the very start
THE DAY IN POLITICS
(EU) EU/AUSTRIA: Schüssel asks for European Commission to present report on situation in Austria for European Council in Feira
(EU) EU/WEU: Council President Gama refrains from making forecasts about date of transformation of WEU, but the ministerial meeting in Oporto no doubt marks the end of an era
(EU) EU/SRI LANKA: EU declares itself concerned at intensification of conflict in Sri Lanka - In favour of a cease-fire and a negotiated settlement
(EU) EU/INDONESIA: EU welcomes efforts made by current Indonesian Government to resolve internal conflict through dialogue
(EU) EU/INSTITUTIONAL REFORM:
GENERAL NEWS
(EU) EU/INDUSTRY COUNCIL: Korean dumping in the shipbuilding sector and follow-up of the Lisbon Summit on a Europe of Innovation and Knowledge to be the focus of Thursday's Industry Council - Meeting with Industry Ministers from applicant countries
(EU) EU/CULTURE: Broad Council consensus on aims and principles of "Media Plus" programme for impetus to European cinema, but Ministers avoid speaking of financing
(EU) EU/AGRICULTURE COUNCIL: Ministers postpone decisions on price package and reform of the flax and hemp sector, pending the European Parliament's final opinion
(EU) AGRICULTURE:
(EU) EP/AGRICULTURE: Voting on agricultural prices for 2000-2001, Parliament voices opposition to a reduction in monthly increments for cereals - The issue of flax and hemp is sent back to committee
(EU) EP/DISCHARGE 1998: Commission responses on "affairs" of the past do not entirely satisfy Cocobu members
(EU) EU/HEALTH: New strategy proposed by the European Commission
(EU) EU/COMPETITION: Mario Monti and Emilio Gabaglio discuss ways of improving employee consultations when examining mergers
(EU) EU/COMPETITION: Veba/Viag submit undertakings on German electricity market that could enable them to secure Commission's green light on 7 June
(EU) EU/UNITED STATES/WTO: Satisfaction and explanations in Brussels over WTO verdict reassuring privatised companies (especially steel)
(EU) EU/UNITED STATES: The European Commissioner for Agriculture disputes announced American restrictions on EU wheat gluten
(EU) EU/REGIONAL POLICY: Adoption of Objective 1 programming document for Hainaut (Belgium)
(EU) EU/SOCIAL AFFAIRS: President Romano Prodi to convene a European social dialogue mini-summit on 25 May
(EU) EU/ENERGY: Commission adopts a communication calling for acceleration of liberalisation of Europe's electricity market
(EU) EU/SOCIAL: Commission proposes actions for improving access for disabled to their workplace and to Community programmes
(EU) EU/TRANSPORT/TELECOM: In Istanbul, Loyola de Palacio defends European frequency requests, essential for Galileo satellite navigation system
ECONOMIC INTERPENETRATION
(EU) Banking:
(EU) Restaurant:
(EU) Restaurants:
(EU) Tourism:
(EU) Internet:
(EU) Internet:
(EU) Telecommunications:
(EU) Chemicals:
(EU) Automobile:
(EU) Energy:
(EU) Energy:
(EU) Electrical equipment:
(EU) Chemicals:
(EU) Paper:
(EU) Textiles:
(EU) Banks:
(EU) Banks:
(EU) Logistics:
(EU) Agri-foods:
(EU) Agri-foods:
(EU) Television:
(EU) Fibre optics:
(EU) Telecommunications:
VALUE OF THE EURO IN DIFFERENT CURRENCIES 16/05/2000: