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Europe Daily Bulletin No. 7720

19 May 2000

Contents Publication in full By article 57 / 57

ECONOMIC INTERPENETRATION / Value of the euro in different currencies 18/05/2000

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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

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) Luxury goods:

(EU) Insurance:

(EU) Telecommunications:

(EU) Materials:

(EU) Agri-Foodstuffs:

(EU) Telecommunications:

(EU) Medical equipment:

(EU) Consulting:

(EU) Luxury articles:

(EU) Equipment:

VALUE OF THE EURO IN DIFFERENT CURRENCIES 18/05/2000:

USD	0.8942	SEK	8.1870	CYP	0.57241	SIT	204.9174	NZD	2.0020
JPY	97.600	GBP	0.60390	EEK	15.6466	CHF	1.5534	GRD	336.70
NOK	8.1565	HUF	258.89	CAD	1.3443	DKK	7.4592	CZK	36.730
PLN	4.0058	AUD	1.5780	BEF/LUF	40.3399	FRF	6.55957	ESP	166.386
ATS	13.7603	FIM	5.94573	DEM	1.95583	IEP	0.787564	NLG	2.20371
PTE	200.482	ITL