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Europe Daily Bulletin No. 7760

17 July 2000
Contents Publication in full By article 35 / 40
ECONOMIC INTERPENETRATION / (eu) agri-food

Britain's DIAGEO has announced that its subsidiary PILLSBURY is to be merged with the American firm GENERAL MILLS and that it will hold a 33% stake in the new group. This operation, that will give rise to the fifth largest group in the agri-food industry with a turnover of some $13 bn, values PILLSBURY at $10.5 bn. In addition, DIAGEO is to pool its spirits and brewing activities within a single division. The new entity will count among its brands twelve of the largest alcohol names in the...

Contents

A LOOK BEHIND THE NEWS
: The Heads of Government have invited European Commission and Council to improve their consideration for specificity of sport - It is necessary to move from a declamatory attitude to actions, while taking into account social function of sport and its importance for public opinion
THE DAY IN POLITICS
(EU) EU/SYRIA: Solana congratulates newly-elected President Bachar Al Assad on taking office
(EU) EU/AFGHANISTAN: EU condemns continuation of conflict and launches further appeal for a political process for a return to peace in Afghanistan
(EU) EU/PHILIPPINES: Solana welcomes freeing of Mrs. Wallert
(EU) EU/CHINA: In an open letter, Human Rights Watch proposes a method for dialogue over human rights based on precise objectives
(EU) CHINA: China accuses EP of conspiring with Dalai Lama for Tibet's independence
(EU) EU/COMMISSION: Towards a comprehensive strategy concerning the presence of Commission in Luxembourg in the years to come
(EU) EU/LATIN AMERICA:
GENERAL NEWS
(EU) EU/EURO GROUP: Strengthening and visibility of group decided on - Broader powers? - Step-up balance of budgets - Confirmation of positive economic developments
(EU) EU/ECOFIN: Council approves name of "Eurogroup" - Creation of Group of Wise Persons on real estate values - Other results
(EU) EU/ECOFIN: Committee of Wise created on stock markets, deadlock over fight against money laundering
(EU) AGRICULTURE COUNCIL: Compromise on linen and hemp and on price package
(EU) EU/ENVIRONMENT: Most Member States will not give up moratorium on GMOs until Parliament and Council agree and new complete legal framework is known
(EU) EU/JAPAN: EU and Japan to adopt declaration defining future partnership during 9th Summit to be held in Tokyo on Wednesday
(EU) EU/TRADE POLICY: Definitive countervailing duty on steel products from Malaysia and Philippines
(EU) EU/KOREA: First consultation on shipbuilding held on Tuesday and Wednesday will be test of Korea's determination for cooperation
(EU) EU/UNITED STATES: EU will react to American "carousel"
(EU) EU/RESEARCH: Commission has signed protocol on assessment of mine clearance technologies for anti-personnel mines with six countries
(EU) EU/FOOD SAFETY:
(EU) EIB/ITALY: EUR 500 million loan for TGV track between Milan and Bologna
(EU) EIB/UNITED KINGDOM: EUR 398 million to Barclays Bank for SME
(EU) EIB/LUXEMBOURG: EUR 80 million for electricity
(EU) EU/COMPETITION: Green light for acquisition of Hyder by Western Power Distribution (water and electricity)
(EU) EU/COMPETITION: Commission approves acquisition of SFX Entertainment by Clear Channel Communications
(EU) EU/STATE AID: Commission approves Swedish State aid system aimed at improving salubrity of housing, schools and places of work
(EU) EU/COURT OF FIRST INSTANCE: Ruling in favour of freedom of expression of European officials
(EU) EU/ESTONIA: According to Economic and Social Committee, Estonia must review its progress towards accession
(EU) EU/ECONOMIC AND SOCIAL COMMITTEE: Defence of cultural value of the vine and call for caution regarding GMOs
(EU) EU/ECONOMIC AND SOCIAL COMMITTEE: Nicole Fontaine called for reinforced role of Economic and Social Committee and intensification of dialogue with European Parliament
(EU) EU/COMMISSION:
(EU) AFRICA:
(EU) TURKEY:
(EU) EU/ENLARGEMENT:
ECONOMIC INTERPENETRATION
(EU) Privatisation:
(EU) Agri-food:
(EU) Defence:
(EU) Electrical equipment:
(EU) Equipment:
SUPPLEMENTS
:
VALUE OF THE EURO IN DIFFERENT CURRENCIES 17/07/2000: