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Europe Daily Bulletin No. 7744

24 June 2000
Contents Publication in full By article 40 / 43
ECONOMIC INTERPENETRATION / (eu) chemicals

So as to escape a hostile PTO (public tender offering) of USD 1.04 billion from its fellow ISP - INTERNATIONAL SPECIALITY PRODUCTS, the American DEXTER (turnover of USD 1.04 billion in 1999) intends to sell its specialised polymer division - with the exception of coverings - and its non-weaved papers to the German HENKEL and the Finnish AHLSTROM. HENKEL will pay USD 400 million and AHLSTROM USD 275 million to acquire these activities.

Contents

THE DAY IN POLITICS
(EU) EU/UN/BALKANS: Solana, in his first speech at the Security Council in his capacity as High Representative, stresses why there is still hope
(EU) EU/ESDP/TURKEY: Turkey is not pleased with arrangement decided in Feira for European but non-EU NATO allies (and for applicant states), and hopes Nice Summit will improve matters
(EU) EU/INSTITUTIONAL REFORM/ITALY: Italy in favour of "simple re-weighting" of votes in Council
(EU) EU/CHARTER OF FUNDAMENTAL RIGHTS: Informal meeting next week
(EU) EP/INSTITUTIONAL REFORM: Mr. Nassauer and Mr. Ferber reproach Germany for accepting postponement of debate on competence
(EU) EP/CONSTITUTION/FRANCE: Mr. Bourlanges criticises Mr. Juppé and Mr. Toubon's plans
(EU) EU/BELGIUM: Initiative from Brussels-Europe liaison office for Europeans to take part in up-coming communal elections in Belgium
(EU) EP/BELARUS:
(EU) EP/UNITED KINGDOM: Visit by Mrs. Fontaine next week
(EU) EU/NORTHERN IRELAND: Mr. Prodi met Mr. Trimble, who invited him to Belfast
(EU) EP/ENLARGEMENT: Meeting of United Left group in Budapest
(EU) EP/RACISM: Fears of Freedoms Committee
(EU) EP/PALESTINE: Conference by intergroup "initiatives for peace"
(EU) CYPRUS/UN:
GENERAL NEWS
(EU) ACP/EU: Cotonou Agreement enshrining new ACP/EU partnership for next twenty years is signed on Friday in Benin capital
(EU) EU/CHILE: Negotiation instruments and procedures towards association agreement are set in place
(EU) EU/TRANSPORT: Monday's Council will seek a compromise on road transit in Austria, review shipping safety and adopt decisions on road safety and the interoperability of rail
(EU) EU/BRENNER:
(EU) EU/TRANSPORT: Commission report to Council on Galileo project shows ongoing progress
(EU) EU/CANADA: Bilateral summit on Monday in Lisbon to confirm healthy relations and announce several new initiatives
(EU) EU/AFRICA: Mr. Lamy indicated that conditions for liberalisation of world trade are beneficial for Africa, by insisting on importance of regional integration
(EU) EU/ENLARGEMENT: EU approves "double zero" agricultural agreement with Estonia, first of nine agreements negotiated with Central and Eastern European applicant countries
(EU) EU/POLAND: OLAF arm in Warsaw
(EU) EU/LITHUANIA: Donors' Conference to support closure of unit 1 of Ignalina nuclear power station raises funds of EUR 208 million
(EU) EU/EDUCATION: European Conference of Education Ministers stresses need to improve cooperation with EU, applicant states and countries of South East Europe
(EU) EU/JUSTICE/HOME AFFAIRS: Europol says crime in the Balkans is a threat to the Union
(EU) RESEARCH: Croatia, Israel and Latvia join Eureka
(EU) EU/COMPETITION: Saint-Gobain may take over Raab Karcher
(EU) EU/ENVIRONMENT: Council adopts EU strategy for 6th Conference on climatic change and sees reticence over Commission guidelines with regard to environmental State aid
(EU) EP/BUDGETS: Ruhle report for July plenary to grant discharge of European Development Funds for 1998 financial year
(EU) EU/COMPETITION: Green light for Canal+, Lagardére and Liberty Media merger
(EU) EU/SOCIAL AFFAIRS: European Week for Health and Safety at Work (October 2000) will focus on musculoskeletal disorders - EP provides financial aid of EUR 900,000
(EU) EU/SOCIAL AFFAIRS: 6th biennial "Europe, Travail, Emploi" (Lyon, 6-7 July)
TIMETABLE
(EU) Main European Activities from 26 June to 3 JULY 2000:
ECONOMIC INTERPENETRATION
(EU) Energy:
(EU) Energy:
(EU) Aeronautics:
(EU) Insurance:
(EU) Banks:
(EU) Chemicals:
(EU) Cement:
(EU) Automotive:
VALUE OF THE EURO IN DIFFERENT CURRENCIES 23/06/2000: