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Europe Daily Bulletin No. 7729
Contents Publication in full By article 27 / 46
GENERAL NEWS / (eu) eu/competition

Commission authorises acquisition of CCF by HSBC in the banking and insurance sector

Brussels, 31/05/2000 (Agence Europe) - The European Commission has authorised the British holding HSBC Holdings plc, specialised in financial and insurance services, to acquire, after a public offering in April, the Crédit Commercial de France (CCF). The Commission notes that there is no overlap in the insurance sector. As far as financial services are concerned, the combined market shares never exceed 10%. From now on, this operation is not likely to entail the creation of a dominant...

Contents

THE DAY IN POLITICS
(EU) Dear Reader:
(EU) EU/INSTITUTIONAL REFORM: In Feira, Portuguese Presidency to propose including closer cooperation on the IGC agenda, says Mr. Seixas da Costa - On Monday, Seixas da Costa to meet candidate countries
(EU) EU/INSTITUTIONAL REFORM: Possibly, Benelux Memorandum
(EU) EU/FRANCE/INSTITUTIONAL REFORM: Chirac in favour of "deeper cooperation", notably in field of defence
(EU) EU/AUSTRIA: Austrian question has not to trouble Feira, Michel tells Dini
(EU) EU/ZIMBABWE: Union releases 2.4 million euro and sends 160 observers to contribute to smooth running of electoral process
(EU) EU/ARMAMENTS:
(EU) WEU/ASSEMBLY: De Puig Report calls on WEU to ensure collective defence commitments under Article V of revised Brussels Treaty are maintained - Martinez Casan/Adamczyk Report insists on participation by associate members at current level
(EU) EU/OUR EUROPE/INTERNATIONAL CRIME: "Our Europe" calls on Eurojust to be included in EU Treaty
(EU) EUROPEAN DEFENCE/PARLIAMENTARY DIMENSION: WEU Assembly should disappear, says Ruperez
GENERAL NEWS
(EU) EU/UNITED STATES: Summit confirms strength of the Euro-American partnership in spite of trade disputes - Shared political views, support for new WTO round, fighting AIDS
(EU) EU/UNITED STATES: Member States approve Euro-American arrangement on data protection
(EU) EU/COMMISSION: White Paper on Governance will mainly explore decentralisation of responsibilities and consistency between common policies
(EU) EU/CANADA/WTO: WTO confirms that Canadian auto system is illegal, satisfaction in Brussels
(EU) EU/ENVIRONMENT: Commission announces new initiatives in transport and energy sectors to attain Kyoto objectives
(EU) EU/GREECE: Technical provisions on inclusion of Greece in euro regulations to be adopted by Ecofin Council on 19 June
(EU) EU/TRANSPORT: For lack of a majority in the Ecopoint Committee on the reduction of traffic in Austria, the Transport Council will have to take a decision
(EU) EU/CIVIL PROTECTION: In July, Commission to present proposal aimed at EU action in case of natural or technological disasters
(EU) ACP/EU: On Friday 2 June, the Committee of Ambassadors will choose the candidate country to arbitrate the signing ceremony of the Partnership Agreement
(EU) EU/JUSTICE/HOME AFFAIRS: Results of Council deliberations on implementation of Tampere conclusions, prevention of money laundering, crackdown of Euro counterfeiting, etc.
(EU) EU/FINANCIAL SERVICES: Political agreement by the Fifteen on procedures for the winding up or reorganisation of insurance companies paves the way to better protection of the insured
(EU) EU/COMMISSION:
(EU) EU/FINANCIAL SERVICES: European Commission calls work in five priority sectors to be speeded up
(EU) EU/FINANCIAL SERVICES: Commission reviews its proposals aimed at improving legislation on collective investment undertakings (UCITS)
(EU) EU/COMPETITION: Commission authorises joint undertaking between Andritz and Ahlström in pulp and paper equipments sector
(EU) EU/COMPETITION: Approval for joint venture between Techpack International (Pechiney) and Valois (Aptar) for packaging manufacture
(EU) EU/COMPETITION: Commission authorises acquisition of CCF by HSBC in the banking and insurance sector
(EU) EU/COMPETITION: Commission opens formal proceedings against Deutsche Post AG
(EU) EU/REGIONAL AID: Commission approves Austrian regional aid for 2000-2006 period
(EU) EU/REGIONAL AID: Netherlands presents revised proposal of regional aid map
(EU) EU/REGIONAL POLICY: Commission adopts single draft programming document for "Objective 1" aid to Flevoland (Netherlands)
(EU) EU/COMMISSION/REFORM: Commission proposes making controls before and after financial transactions two different functions
(EU) EU/TOURISM: The Commission sets a website in place on Community actions linked to tourism
(EU) EU/WOMEN: Lissy Gröner (EP) and Susanna Florio (ESC) invite EU Member States to develop mechanisms allowing for significant number of women leaders in all fields
(EU) EU/JUSTICE/SOCIAL AFFAIRS: According to Michel Rocard, the IGC should improve the wording of Article 13 of the Amsterdam Treaty against discrimination - Odile Quintin calls for anti-discrimination package to be adopted before year end
(EU) EU/HEALTH: Appeal by David Byrne to EP and Council on the occasion of the "World No Tobacco Day"
ECONOMIC INTERPENETRATION
(EU) Privatisation:
(EU) Ophthalmology:
(EU) Industry:
(EU) Chemicals:
(EU) Chemicals:
(EU) Distribution:
(EU) Electrical equipment:
(EU) Banks:
(EU) Music:
VALUE OF THE EURO IN DIFFERENT CURRENCIES 31/05/2000: