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Europe Daily Bulletin No. 7765

26 July 2000
Contents Publication in full By article 35 / 57
ECONOMIC INTERPENETRATION / (eu) pharmaceuticals

The French chemical speciality group RHODIA will launch a friendly public tender offering for the American start-up CHIREX (turnover of USD 147 million in 19999) so as to reinforce it presence on the services market for the pharmaceutical industry. RHODIA is proposing USD 545 million for this acquisition, or USD 31.25 per share, of which 35 million represent CHIREX financial debts. A subsidiary of RHODIA-CHIREX will be formed following the operation, whose activities will be dedicated to...

Contents

THE DAY IN POLITICS
(EU) EU/INSTITUTIONAL REFORM: Many differences remain both on enhanced cooperation and on Commission's composition
(EU) EU/FIJI: EU demands reestablishment of democracy in Fiji, with the threat of suspending the Lome Convention
(EU) EU/ASIA: From Wednesday, Solana on an official visit to Singapore and Bangkok, where he is to participate in the ASEAN Regional Forum
(EU) EU/BELARUS: Solana asks President of Belarus to guarantee free and transparent elections
(EU) EU/COUNCIL OF EUROPE: Turkey again called to order in affair concerning Northern Cyprus
GENERAL NEWS
(EU) EU/JUSTICE/HOME AFFAIRS: Germany tables a formal proposal for creation of Eurojust to reinforce the effort to the combat cross-border organised crime
(EU) ACP/EU: Commission proposes to Council opening consultations with Haiti prior to possible suspension of cooperation with the country
(EU) EU/AIR TRANSPORTS: Commission continues consultations on planned auction of slots
(EU) EU/TRANSPORTS: Commissioner de Palacio is proposing to allocate 1.5 million ecopoints by end of year for road transit through Austria
(EU) EU/COMPETITION:
(EU) EU/EGYPT: Cairo is ready to discuss association agreement
(EU) EU/MEDITERRANEAN: Council authorises Commission to negotiate revision of agricultural trade system with Tunisia, Morocco and Israel
(EU) EU/BANANAS: New Commission strategy will be object of concentration with Caribbean countries
(EU) UE/UNITED STATES: Lamy makes representation to Barshefsky about obstacles to Deutsche Telekom plans on american Market
(EU) EU/BANANAS/FRAUD: Commission takes measures against fraud
(EU) EU/COMMISSION REFORMS: Commission to propose a reviewed Financial Regulation covering basiC rules, and reserving the right over implementing measures
(EU) EU/INTERNAL MARKET: France neglected psychologists in recognition of diplomas, Commission takes matter to Court of Justice
(EU) EU/ENVIRONMENT: Commission pursues proceedings against five Member States not complying with directive on environmental impact assessment of certain projects
(EU) EU/SOUTH AFRICA: New South African reservations on wine and spirits agreement due to enter into force on 1 September
(EU) EU/STATE AID: Commission approves Austrian State aid to Lenzing Loycell (viscose fibres)
(EU) EU/COMPETITION: the Commission decides to close its investigation into the computerized reservation system following adoption of a code of good conduct guaranteeing fair access to all airline companies
(EU) EIB/Portugal: Global loan of EUR 100 million to Banco BPI group
(EU) EIB/SPAIN: EUR 20 million loan to Institut Catala de Finances
(EU) EU/EMPLOYMENT: Commission proposes measures to encourage co-operation between Member States to reinforce employment strategy, with a financial grant of EUR 55 million for 2001-2005 period
(EU) EP/ENVIRONMENT: Parliament takes several decisions concerning "Life" instrument, environmental inspections and other issues
(EU) EP/SPORT/EURO 2000: EP calls for prevention of hooliganism and condemns violence against journalists
(EU) EU/ENVIRONMENT: Commission decides to establish a European register in 2003 on emissions of industrial pollutants, accessible to the public
(EU) EU/FISHERIES: Commissioner Franz Fischler initiatives in view of tighter control of fisheries activities in Union waters
(EU) EU/FISHERIES: Europeche and Cogeca dispute European Commission guidelines in view of revision of EU's MAGPs and suggest alternatives for restructuring fisheries activities
(EU) EU/DANUBE: Community contribution of EUR 22 million for clearing of Danube canal becoming concrete - EU cover 85% of cost
(EU) EU/REFUGEES: United Nations High Commissioner for refugees calls on EU to offer better protection to child asylum seekers
(EU) EU/ILLEGAL IMMIGRATION:
ECONOMIC INTERPENETRATION
(EU) Privatisation:
(EU) Investments:
(EU) Pharmaceuticals:
(EU) Cement:
(EU) Pharmaceuticals:
(EU) Distribution:
(EU) Real estate:
(EU) Logistics:
(EU) Automobile:
(EU) Telecommunications:
(EU) Temping:
(EU) Insurance:
(EU) Banks:
(EU) Banks:
(EU) Cosmetics:
(EU) Heavy goods vehicles:
(EU) Agricultural machines:
(EU) Audio-visual:
(EU) Computers:
(EU) Telecommunications:
(EU) Television:
(EU) Packaging:
(EU) Cables:
(EU) Gas:
VALUE OF THE EURO IN DIFFERENT CURRENCIES 25/07/2000: