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Europe Daily Bulletin No. 7763

21 July 2000
Contents Publication in full By article 38 / 46
ECONOMIC INTERPENETRATION / (eu) internet

American companies CNET (turnover $112.4 million in 1999) and ZDNET (turnover $145 million in 1999), both specialised in high-tech information, are to merge. More specifically, CNET will absorb ZDNET after a share swap giving the move a value of $1.6 billion, with ZDNET shareholders holding 35% of the new entity. The new group will have 16.6 million visitors per month, will employ 1,600 and is expected to generate a turnover of $500 million in 2001.

Contents

THE DAY IN POLITICS
(EU) AGENCE EUROPE:
(EU) EU/INSTITUTIONAL REFORM: The Fifteen to meet in Ministerial "Conclave" on Monday to discuss the four subjects of the IGC
(EU) EU/AUSTRIA: The three wise persons meet in Helsinki
GENERAL NEWS
(EU) EU/BUDGET 2001: Council approves draft with announced reductions and rejects revision of multi-annual financial perspectives
(EU) EU/CULTURE: Culture Ministers began, in Lille on Thursday, the debate on the future of public television and ways of financing it
(EU) EU/BUDGET/FRAUD: European Commission takes decision of principal to start civil suits in United States against American manufacturers of cigarettes involved in tax evasion in EU
(EU) EU/GULF STATES:
(EU) EU/JUSTICE:
(EU) EU/JUSTICE/HOME AFFAIRS: France introduces its initiative for a Council regulation on free movement in the EU for holders of a national long-stay visa
(EU) EU/TRANSPORT: For lack of any decision on reducing road traffic in Austria, Council asks Commission to distribute the last batch of Ecopoints for 2000 - Commission refuses to "play scapegoat"
(EU) EU/TRANSPORT:
(EU) EU/TURKEY: Anti-dumping proceedings against colour television sets originating in or exported from Turkey
(EU) EU/ROMANIA: Commission encourages Romania to implement vigorously its new medium term economic strategy and the action plan drawn up for that purpose
(EU) EU/KOREA: Initial positive consultation on shipbuilding
(EU) EU/BANANAS: ACP countries reject purely tariff formula, and especially Caribbean countries call for respect of traditional exports
(EU) EU/UNITED STATES: Loyola de Palacio congratulates EU unit in Hushkit affair
(EU) EU/AUDIOVISUAL: EIB will announce in autumn its project to support European audiovisual production
(EU) EU/AUDIOVISUAL: European television channels as a whole respect broadcasting quotas for European works, notes Commission
(EU) EP/IMMIGRATION: Klant report approves Directive on "family grouping"(but no progress made towards European immigration policy)
(EU) EU/PUBLIC MARKETS: Commission refers United Kingdom before Court of Justice concerning three cases of British interpretation of European Directives
(EU) EU/TRANSPORTS: Commission conditionally approves Spanish aid to Trasmediterránea ferry company in order to ensure continuity of service
(EU) EU/COMPETITION: Approval, under certain conditions, of the concentration of beverage can producers Rexam and American National Can
(EU) EU/STATE AID: Inquiry procedure opens against Italian aid to Iveco (lorries) of the Fiat group
(EU) EU/ENERGY: Households and industrial consumers in most Member States benefit from substantial fall in electricity prices between January 1998 and January 2000
(EU) G7/G77: Developing countries remind G7 of commitment to reduce debt
(EU) CORRIGENDUM:
(EU) EU/EDUCATION: Jack Lang gathered Vision group to prepare special meeting of Education Ministers on mobility
(EU) EU/INFORMATION SOCIETY: Commission wants to stimulate Member State's transition to "e-administration" at service of citizens
(EU) EU/BUDGETS: Commission has adopted Communication aimed at reducing payment delays by its services
(EU) EU/HUMANITARIAN AID: Commission grants EUR 8.5 million for financing emergency aid programmes in Middle East
(EU) EU/SOCIAL: "Social code of conduct" of European social partners in leather and tanning sector
(EU) EU/INFORMATION SOCIETY: Companies linked to Internet and private telecommunications operators have positively greeted Commission's telecommunications "package"
(EU) EU/FOOD SAFETY: The Consumers' Bureau gives very positive welcome to new Commission proposals to harmonise and simplify legislation on food health - Praise and suggestions
TIMETABLE
:
ECONOMIC INTERPENETRATION
(EU) Privatisation:
(EU) Environment:
(EU) Distribution:
(EU) Internet:
(EU) Telecommunications:
(EU) Shipbuilding:
(EU) Rail equipment:
(EU) Public transport:
(EU) Seeds:
(EU) Packaging:
(EU) Tooling:
VALUE OF THE EURO IN DIFFERENT CURRENCIES 20/07/2000: