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Europe Daily Bulletin No. 7764

24 July 2000
Contents Publication in full By article 29 / 38
ECONOMIC INTERPENETRATION / (eu) retailing

REXEL (French group PPR - PINAULT-PRINTEMPS-REDOUTE), the world's number one retailer of electrical equipment, has announced a friendly bid for the Canadian firm WESTBURNE (Canadian $2.47bn consolidated turnover in 1999) for Canadian $987 million. The price per share amounts to Canadian $22.75.

Contents

A LOOK BEHIND THE NEWS
: A "Farewell" by way of three brief surveys of the sorts of topics generally featured in this section: the Institutional Reform Process (overlapping with the future of Europe), sports (setting the record straight) and protecting Europe's farm sector (this time the focus is on rice)
THE DAY IN POLITICS
(EU) EU/G8: Romano Prodi welcomes progress made in Okinawa on issues defended by Commission
(EU) EU/COLOMBIA: EU welcomes launch of dialogue between Colombian Government and "National Liberation Army" and denounces human rights violations and kidnapping
(EU) EU/PERU: EU calls on Peru to implement reforms recommended by Organisation of American States and welcomes appointment of a permanent OAS Representative in Peru
GENERAL NEWS
(EU) ACP/EU: Commission proposes beginning procedure that could lead the Union to suspend cooperation with Fiji Islands
(EU) EU/AUDIOVISUAL: The Netherlands wants to reduce European aid to the audiovisual sector - Special meeting of Council Culture, on 26 September
(EU) EU/BUDGET 2001: Budgets Council wants to play greater part in improvement of budgetary procedures and management of European money
(EU) EU/TRANSPORT: Commission due on Wednesday to probe regulation on « controlled competition » for public passenger services
(EU) EU/TRANSPORTS: On Tuesday Commissioner de Palacio meets French air traffic controller unions
(EU) EU/ENLARGEMENT: Green light to ISPA Management Committee for implementation of 18 new projects in candidate countries in transport and environment sectors
(EU) EP/BANANAS: Parliamentary majority against European Commission's new strategy
(EU) EP/INTERNAL REFORM: Wurtz regards as unrealistic certain proposals of the Provan Report
(EU) EP/OMBUDSMAN: Parliament reaffirms determination to modify Ombudsman's statute to reinforce his access to documents
(EU) EP/SINGLE MARKET: Parliament maintains amendments to Directives concerning recognition of professional qualifications in health sector
(EU) EP/EDUCATION:
(EU) EU/COMPETITION: Commission authorises creation of Vizzavi Internet portal, joint venture between Vivendi, Vodafone and Canal +
(EU) EU/COMPETITION: Commission authorises acquisition of Aseguradora Valenciana by CGNU
(EU) EU/COMPETITION: Commission authorises joint venture between Rhodia (France) and Raisio (Finland)
(EU) EU/UNITES STATES: Preliminary reaction of Commission to Washington's intention to block path for Deutsche Telecom on American market
(EU) EU/STATE AID: Commission investigates in management contract between German companies Georgsmarienhutte and Gröditzer
(EU) EU/FINANCIAL SERVICES: European Commission proposes to simplify EU stock exchange legislation
(EU) EU/EDUCATION: Economic and Social Committee considers that Community-level bodies should guide education along European lines
(EU) EU/EUROBAROMETER: backing for euro remains strong and confidence in Commission is up slightly, with the exception of the United Kingdom - No priority for enlargement
(EU) EU/COMPETITION: Green light for acquisition of Shell Coal holding by Anglo American
(EU) EP/MEN/WOMEN EQUALITY: Dybkjaer report calls on European Commission to develop indicators to assess implementation of Directives concerning equality
(EU) NEWS OF THE WEEK: from 17 to 23 July 2000
ECONOMIC INTERPENETRATION
(EU) Banking:
(EU) Luxury:
(EU) Retailing:
(EU) Capital goods:
(EU) Logistics:
(EU) Telecommunications:
(EU) Internet:
(EU) Chemicals:
(EU) Chemicals:
(EU) Agri-food:
SUPPLEMENTS
European Library: N. 424
VALUE OF THE EURO IN DIFFERENT CURRENCIES 24/07/2000: