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Europe Daily Bulletin No. 7737

15 June 2000
Contents Publication in full By article 35 / 41
ECONOMIC INTERPENETRATION / (eu) banks

Austria's second largest banking group, ERSTE BANK, has bought 52% of the biggest retail bank in the Czech Republic, CESKA SPORITELNA, for EUR 543 million, or 14 million more than expected.

Contents

THE DAY IN POLITICS
(EU) EU/GENERAL AFFAIRS: Summit report on security and defence policy is approved, aid for Montenegro is confirmed
(EU) EU/ISRAEL: Levy and Solana highlight political importance of the accord that entered into force at the start of the month and the prospects it opens
(EU) EU/SYRIA: At President Assad's funeral, Union reiterates its will to strengthen ties
(EU) EU/ETHIOPIA/ERITREA: EU to support implementation of peace agreement
(EU) EU/BALKANS: Council confirms and adds detail to the Union's position
(EU) EP/SECURITY/DEFENCE: Seixas da Costa and Patten review situation
(EU) EP/INSTITUTIONAL REFORM: Appeal by Bayrou and Cohn-Bendit for a democratic Europe, with a constitution, a president elected by universal suffrage and clear sharing of powers
(EU) EP/LIBERALS/AUSTRIA: Cox will ask Feira Summit to initiate a procedure for coming up with a solution
(EU) EP/PLENARY SESSIONS: Parliament removes Friday sessions in Strasbourg - Strong criticisms - Calendar of 2001 sessions
(EU) EP/PARLIAMENTARY IMMUNITY: EP lifts immunity of Mr. Kronberger, but not that of Mr. Brie
GENERAL NEWS
(EU) EU/ENLARGEMENT: After negotiations open on all chapters with "Luxembourg Group", EU and first applicants hope to begin "new qualitatively higher phase" based on political decisions and considerations
(EU) EU/MERCOSUR: Technical negotiations continue
(EU) EU/RESEARCH: This Thursday Council will concentrate work on future of European research - Towards a strategy for space - Initial ideas of Mr. Busquin in sixth framework programme
(EU) EU/FRAUD: First activity report by OLAF calls for better collaboration by Member States
(EU) EU/SOUTH AFRICA: Council has accepted to increase to EUR 885.5 million financial envelop for co-operation for development (2000-2006 period) and took note of outcome of technical negotiations on "Wine and Spirits" agreement
(EU) EU/GULF COUNTRIES: Relaunch of trade negotiations seems certain, negotiators enter into detailed discussions
(EU) EU/TAXATION: European Commission presents new strategy for modernisation of VAT system
(EU) EP/AGRICULTURE: Parliament rejects urgent procedure requested by Council on flax and hemp
(EU) EP/TOBACCO: parliament strengthens proposed directive on tobacco
(EU) EU/Company law: European Commission wants to generalise in EU use of international accounting standards by 2005
(EU) EU/STATE AID: Commission extends, until 2001 period, of validity of existing aid to automobile sector while awaiting its revision or replacement
(EU) EU/STATE AID: Commission extends investigation on aid to Babcock Wilcox Espana in framework of its privatisation
(EU) EU/STATE AID: Commission investigates aid to East German porcelain company Graf von Henneberg
(EU) EU/STATE AID: Commission feels there is no element of aid in conditions of sale of State shares in K&S to BASF subsidiary
(EU) EU/COMPETITION: Winterthur may acquire Colonial (insurance)
(EU) EU/COMPETITION: Detailed inquiry on Time Warner/EMI merger
(EU) EU/COMMITTEE OF THE REGIONS: Plenary session - Appointment of new secretary general
(EU) EU/SOCIAL: High Level Forum on Thursday devoted to Lisbon Strategy
ECONOMIC INTERPENETRATION
(EU) Precious metals:
(EU) Telecommunications:
(EU) Telecommunications:
(EU) Telecommunications:
(EU) Telecommunications:
(EU) Telecommunications:
(EU) Banks:
(EU) Banks:
(EU) Banks:
(EU) Agri-foodstuffs:
(EU) Electronic exchange:
(EU) Air transport:
VALUE OF THE EURO IN DIFFERENT CURRENCIES 14/06/2000: