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Europe Daily Bulletin No. 7720

19 May 2000
Contents Publication in full By article 33 / 57
ECONOMIC INTERPENETRATION / (eu) luxury goods

The French group LVMH acquired OMAS (annual turnover of around EUR 6 million), an Italian producer of luxury pens. LVMH estimates that its turnover for 2000 will be around EUR 10 billion.

Contents

THE DAY IN POLITICS
(EU) EU/AUSTRIA: The governors of the nine Laender call for lifting of sanctions
(EU) EU/INSTITUTIONAL REFORM: Informal summit of Rambouillet could discuss Fischer initiative - European bishops call for Franco-German initiative - Hungary agrees with Fischer, Poland does not
(EU) EU/INSTITUTIONAL REFORM: Portuguese Presidency proposes introducing notion of "legislative acts" and questions Member States on method to follow to maintain a ceiling of 700 MEPs
(EU) EP/FRONT NATIONAL: The EP does not yet "take note" of decree stripping Le Pen of his mandate
(EU) WEU/PARLIAMENTARY ASSEMBLY: WEU Assembly sets up a Steering Committee with a view to creation of an interim European security and defence assembly
(EU) WEAG/AUSTRIA:
(EU) 9 MAY 1950-9 MAY 2000: A revolution to be pursued
(EU) NORWAY: A majority in Norway is now pro-European
(EU) EU/ITALY:
GENERAL NEWS
(EU) EU/DEVELOPMENT: Council agrees in large measure with Commission's new strategy and guidelines for reform of aid management
(EU) EU/CHINA/WTO: Negotiations progress very slowly
(EU) EU/INDUSTRY: Council urges Commission to submit a report in September on implementing the agreement with Korea and shipbuilding before taking possible retaliatory trade measures
(EU) EU/INDUSTRY: Broad support by the Fifteen at the Council's public debate, on the goals of the Commission's Communication on the promotion of the spirit of enterprise
(EU) EU/GULF STATES: EU/GCC Joint Cooperation Council to discuss cooperation on Monday and (very slow) progress on project of free-trade area
(EU) EP/TUNISIA: Mission of the Socialist Group in Tunis in anticipation of a debate in Strasbourg
(EU) EP/EURO: Parliament approve despite some fears, Greek entry into Euro zone
(EU) EP/ECONOMY: Debate on broad economic policy guidelines emphasises differing views, but vote confirms that a large majority is in favour of an economic policy in-line with Maastricht criteria
(EU) EP/MONTENEGRO: Parliament approved special financial aid
(EU) PE/MOTOR INSURANCE: Parliament gives definitive approval to directive on motor accidents outside the victim's country of residence
(EU) EU/FRAUD: European Commission and Court of Auditors publicise documents related to Fléchard case
(EU) EU/BUDGETS: According to Eluned Morgan, budgetary discharge procedure must be "de-politicised" - Criticisms towards Court of Auditors and COCOBU
(EU) EP/COMMISSION: EP welcomes European Commission intentions over nomination of high civil servants
(EU) EU/LAOS: Textile agreement signed this week represents an example of EU policy in favour of less developed countries - Laotian satisfaction
(EU) EU/SOCIAL: Steelworkers unions (EMF) will put pressure on European Commission and on Member States to protect European steel industry
(EU) EU/HONG KONG:
(EU) EU/COMPETITION: Commission authorises "Cap Gemini" to acquire Ernst & Young's global consulting and IT activities
(EU) EU/COMPETITION:
(EU) EU/COMMITTEE OF REGIONS: Bureau meets in Coimbra
(EU) EU/"NOTRE EUROPE": Meeting in Madrid, the fondation's steering committee discusses the IGC, enlargement and the effort to combat organised crime
(EU) EU/CULTURE:
(EU) EU/EDUCATION:
ECONOMIC INTERPENETRATION
(EU) Tourism:
(EU) Luxury goods:
(EU) Glass:
(EU) Insurance:
(EU) Clothing:
(EU) Waste:
(EU) Telecommunications:
(EU) Materials:
(EU) Gas:
(EU) Energy:
(EU) Agri-Foodstuffs:
(EU) Brewing:
(EU) Air:
(EU) Telecommunications:
(EU) Medical equipment:
(EU) Banks:
(EU) Banks:
(EU) Banks:
(EU) Consulting:
(EU) Luxury articles:
(EU) Equipment:
(EU) Press:
(EU) Maritime:
(EU) Sport:
(EU) Oil:
VALUE OF THE EURO IN DIFFERENT CURRENCIES 18/05/2000: