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Europe Daily Bulletin No. 7742

22 June 2000
Contents Publication in full By article 19 / 43
GENERAL NEWS / (eu) eu/state aid
The Commission decides that state aid for Manufacture Corrézienne de Vêtements (France) is not compatible with the EC Treaty and must be recovered

Brussels, 21/06/2000 (Agence Europe) - Suffering from financial difficulties due to its obsolete working methods, the French clothing company MCV (Manufacture Corrézienne de Vêtements) was granted FF 100 million (Euro 15,244,902) in state aid, but still went into liquidation in 1997. Subsequently, an investor presented a plan to restore the economic viability of the former MCV production site, taking over 110 employees and MCV's stock and material for FF 110,000, intending to set up a...

Contents

THE DAY IN POLITICS
(EU) EU/FEIRA/ESDP: Clinton welcomes progress by European Council on road to European Security and Defence Policy
(EU) EU/EUROPEAN COUNCIL: Declaration on Ethiopia and Eritrea
(EU) EU/SERBIA: Meeting between Solana and representative of Serb opposition
(EU) EP/BOSNIA HERZEGOVINA: Ms Pack insists on cooperation between all parties for the smooth running of the Institutions
(EU) EU/FEIRA: Mrs. Fontaine, who is disappointed by IGC results, sees a sign of hope in fiscal agreement - Other reactions
(EU) EUROPEAN PARTIES: Seminar on role and statute of European political parties, this Thursday in Brussels
(EU) EU/CHARTER OF FUNDAMENTAL RIGHTS: Candidate countries oppose binding Charter written into Treaty
GENERAL NEWS
(EU) EU/TAXATION: text of the compromise worked out by the ECOFIN Council at Feira on savings tax - Approval and declarations of the Summit
(EU) ACP/EU: EU and ACP Ministers to meet this Thursday and sign partnership agreement on Friday
(EU) EU/ENVIRONMENT COUNCIL: Political agreements expected, this Thursday, on reduction of pollution by large combustion installation and on national emission ceilings for certain atmospheric pollutants - Exchange of views on new policy for chemical products and State aid
(EU) EU/AIR TRANSPORT: Ms de Palacio presents Commission's projects and intentions aimed at giving passengers better protection
(EU) EU/ROAD TRANSPORT: Commission proposes compromise for breaking deadlock on drivers' working time issue and measures against social dumping
(EU) EU/COMPETITION: Acquisition of Flender by Citicorp is cleared
(EU) EU/COMPETITION: RTL Newmedia is authorised to acquire stake in Primus Power in the electronic commerce sector
(EU) EU/COMPETITION:
(EU) EU/COMPETITION/BANKS: Mario Monti has announced that the Commission will send statements of objection next week to 120 banks suspected of price fixing charges for exchanging currencies
(EU) EU/COURT OF JUSTICE: the Court has confirmed that the EU does not have to compensate a German company which suffered from the sanctions placed on Iraq
(EU) EU/STATE AID: the Commission had decided that state aid to a German CD producer was illegal and must be recovered
(EU) EU/STATE AID: The Commission decides that state aid for Manufacture Corrézienne de Vêtements (France) is not compatible with the EC Treaty and must be recovered
(EU) EU/AGRICULTURE: Mr. Fischler reacts after American decision to increase support for agriculture - EU will oppose all attempts by United States to challenge capping of spending foreseen by WTO
(EU) EU/AGRICULTURE: OECD notes new agricultural aid increase in 1999
(EU) EU/EMPLOYMENT: Forum for association of former EC interns
(EU) EP/FINLAND: Parliament approves changes in Finnish beer import system
(EU) EP/SWEDEN: EP approves proposal on excise duties for imported alcohol and tobacco
(EU) EP/ENVIRONMENT: Parliament strengthens Council's common position on cooperation regarding marine pollution
(EU) EU/TURKEY: Commissioner Anna Diamantopoulou to visit Ankara
(EU) EU/COMMISSION: Odile Quentin, Director General for Employment and Social Policy
(EU) EU/COMMISSION: Ms Filippone Deputy Secretary General
(EU) EU/COMMISSION: A. Wright seconded to the Internal Audit service
(EU) EU/COMMISSION/REFORM: a head of unit at the directorate-general for the audit finds the reform of financial control "worrying"
(EU) EU/KOREA: Council adopts decision to sign the ship-building agreement
(EU) EU/TRADE UNIONS: Mr Gabaglio is pleased with the outcome of the Feira Summit which reflects key concepts from the trade union world, but voices concern about the Charter of Fundamental Rights
ECONOMIC INTERPENETRATION
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SUPPLEMENT
EUROPE/Document N° 2195: Results of European Summit in Feira
VALUE OF THE EURO IN DIFFERENT CURRENCIES 21/06/2000: