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Europe Daily Bulletin No. 7753

26 July 2000
Contents Publication in full By article 30 / 30
ECONOMIC INTERPENETRATION / Value of the euro in different currencies 06/07/2000

Contents

THE DAY IN POLITICS
(EU) EU/CHINA: First visit by Chinese Prime Minister Zhu to Commission will be devoted to process for China's accession to WTO, strengthened dialogue on human rights and cooperation
(EU) EU/EXTERNAL RELATIONS: European Commission fully supports Commissioner Patten's intentions and will hold quarterly discussions
(EU) EU/MEXICO: EU welcomes unfolding of Mexican elections and confirms its willingness to deepen bilateral relations
(EU) EU/ZIMBABWE: EU welcomes outcome of elections, pressing the Zimbabwe authorities to engage in constructive dialogue with the opposition
(EU) EU/IRAN: EU hopes that Iranian Court of Appeal will retract the sentences passed on Iranian Jews
(EU) EP/PURPOSE OF EUROPE: According to Joschka Fischer, debate on future must begin by 2002 at latest - Need for constitutional process and "compromise" between Community and national aspects - Commission President would be EU President
(EU) EU/DEFENCE: Fifteen should, when time comes, reflect on equipment requirements, says Solana
GENERAL NEWS
(EU) EU/SOCIAL AFFAIRS: Saturday's informal "Employment and Social Policy" Council in Paris to be asked to respond many questions prepared by French Presidency on European Social Agenda and combating social exclusion
(EU) EU/SPORT: Marie-George Buffet hopes to take advantage of French Council Presidency to state specific nature of sport
(EU) EU/BANANAS: Mr. Lamy hopes that prospect of immediately moving to exclusively tariff based system will lead parties in question to adopt a "reasonable attitude"
(EU) EU/EXTERNAL RELATIONS: Patten defends his proposals for reforming management of external aid before Parliamentary Development Committee
(EU) EU/TRADE UNIONS:
(EU) EU/COURT OF FIRST INSTANCE: Confirming (with a slight reduction) the fine slapped on Volkswagen, the Court fully backs the European Commission's doctrine on automobile distribution
(EU) EU/COMPETITION: Commission approves joint-venture between Svenska Cellulosa and Graninge
(EU) EU/WTO/AGRICULTURE: Welcoming the conclusions of the Ullensvang Conference, Fischler reaffirms that WTO negotiations cannot put back into question agriculture's contribution to society
(EU) EU/RUSSIA: Signing of agreement between Olaf and the Russian customs on information exchange concerning beef and pork exports
(EU) EU/OLAF: Dismantling of Franco-Italian-Belgian traffic in adulterated butter
(EU) EP/TRANSPORTS: Adopting Jarzembowski and Swoboda reports, European Parliament confirms aim of global liberalisation of railways for 2010, opposing Council significantly more prudent compromise
(EU) EP/PATENTS: Mr. Bolkenstein answers questions from MEPs on Community patent proposal (biotechnological, linguistic systems, quality guarantee)
(EU) EP/BUDGET: Parliament gives discharge to Commission for 1998 budget - Mrs. Stauner votes against own report, because amendments over Fléchard case have been rejected
(EU) EP/AGRICULTURE: Parliament hands down opinion on reform of linen and hemp sector - In ten days Council will assess dossier at same time as institutional prices
(EU) EP/AGRICULTURE: Parliament modifies Council's "common position" on labelling of bovine meat - Entry in to force could be postponed
(EU) EP/VISAS: Parliament approves, with amendments, uniform visa rules
(EU) EP/CONSUMERS: Debate on phtalates in toys confirms deep division between MEPs - Liikanen: Commission has applied precautionary principle with respect to proportionality
(EU) EP/UNITED STATES:
(EU) EP/SOCIAL: Given increased number of company mergers and restructuring, EP inter-trade union coordination group calls for urgent review of the "European Works Councils" Directive
(EU) EU/TRANSPORT: Seven national haulier federations call for special taxation regime to offset rise in oil prices
(EU) EU/PATENTS: European employers call on Member States and European Parliament to back and promote Community Patent issue
ECONOMIC INTERPENETRATION
(EU) Banks:
VALUE OF THE EURO IN DIFFERENT CURRENCIES 06/07/2000:
 USD  0.9542  SEK  8.4400  CYP  0.57491  SIT  207.4616  NZD  2.0685 
 JPY  102.44  GBP  0.63100  EEK  15.6466  CHF  1.5484  GRD  336.67 
 NOK  8.1800  HUF  260.17  CAD  1.4179  DKK  7.4643  CZK  35.688 
 PLN  4.1187  AUD  1.6165  BEF/LUF  40.3399  FRF  6.55957  ESP  166.386 
 ATS  13.7603  FIM  5.94573  DEM  1.95583  IEP  0.787564  NLG  2.20371 
 PTE  200.482  ITL