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Europe Daily Bulletin No. 7731

5 June 2000
Contents Publication in full By article 28 / 39
ECONOMIC INTERPENETRATION / (eu) real estate

The British BRITISH LAND, second largest in United Kingdom real estate, acquired from the South African banking group STANDARD BANK INVESTMENT CORP, 29.9% of the capital in its competitor LIBERTY INTERNATIONAL, fifth largest in the sector. The amount of the transaction totals GBP 514 million or 550 pence per share, valuing LIBERTY INTERNATIONAL at GBP 1.72 billion.

Contents

A LOOK BEHIND THE NEWS
: Summits with Russia and the United States and the planned reform of management of EU external aid can mark a turning point in European foreign policy - Was it really necessary to discredit Europe's aid to third country to justify the will to change?
THE DAY IN POLITICS
(EU) EU/ INSTITUTIONAL REFORM: Vienna proposes modification of Article 7 aiming to allow full involvement of countries concerned in case of proceedings for infringement of EU fundamental values
(EU) EU/UNITED KINGDOM: Nigel Sheinwald will be new Permanent Representative
(EU) EU/INSTITUTIONAL REFORM: Portuguese Presidency takes stock of situation relating to solutions open to IGC on subject of European Commission and vote weighting
(EU) EU/INSTITUTIONAL REFORM: Sweden fears debate on a federal Europe will slow down enlargement, says Lindh
GENERAL NEWS
(EU) EU/TAXATION: British are intransigent on savings taxation - Economy and Finance Council will make one last attempt to break the deadlock on 18 june in feira
(EU) EU/EURO GROUP: FABIUS CONFIRMS THAT FRANCE WILL PROPOSE STRENGTHENING OF THIS BODY, FOR "DIALOGUE WITH THE EUROPEAN CENTRAL BANK" - GREEK PARTICIPATION STARTING IN JULY
(EU) EU/ECOFIN: Agreements on broad guidelines for economic policies, Greece in the euro, aid for Montenegro
(EU) EU/SWITZERLAND: European Commission is drawing up a draft declaration on electricity trade
(EU) EU/EIB: Board of Governors gives go-ahead to "Innovation 2000" initiative and increased role for bank in venture capital - EIB will become largest contributor to European Investment Fund
(EU) EU/EMPLOYMENT AND SOCIAL POLICY: This Tuesday Council will discuss anti-discrimination package, social protection and follow-up to Lisbon Summit
(EU) EU/ENLARGEMENT: Fischler meets agriculture ministers of applicant countries for exchange of views on Sapard programme
(EU) EU/MONTENEGRO: George Soros announces creation of first international bank in Podgorica and states Montenegro must take part in Stability Pact
(EU) EU/SIERRA LEONE: Commission earmarks another EUR 12 million for emergency assistance
(EU) EU/REGIONAL POLICY: Conference on management of "Objective 1" aid
(EU) EU/COMPETITION: Commission authorises merger of Arvin-Meritor in car parts sector
(EU) EU/TELECOMMUNICATIONS: European Commission welcomed results of Istanbul Conference on allocation of radio spectrum
(EU) RESEARCH: New Eureka projects
(EU) EP/BUDGETS: Parliament approves its own budgetary estimate for 2001 up 2.37%
(EU) EP/REPORTS ADOPTED: Protection of EU financial interests, transparency of relations with public companies, SPACE, women
(EU) EU/FISHERIES: Commission adopts proposal for fixing definitive possibilities for anchovy fishing in Bay of Biscay
(EU) EU/ENVIRONMENT: Margot Wallström celebrates World Environment Day
(EU) EU/SOCIAL/COMPETITION:
(EU) EU/HEALTH/CONSUMERS: Commission prepares to renew members of EU scientific committees
(EU) EU/SOCIAL: European Economic and Social Committee supports "anti-discrimination package" despite certain reservations from employers
(EU) NEWS OF THE WEEK: 29 May to 4 June 2000
ECONOMIC INTERPENETRATION
(EU) Optics:
(EU) Real estate:
(EU) Real estate:
(EU) Household appliances:
(EU) Internet:
(EU) Computing:
(EU) Téléférique:
(EU) Foodstuffs:
(EU) Foodstuffs:
(EU) Oil:
(EU) Banks:
WEEKLY SUPPLEMENTS
European Library: N° 417
VALUE OF THE EURO IN DIFFERENT CURRENCIES 05/06/2000: