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Europe Daily Bulletin No. 7788

31 August 2000
Contents Publication in full By article 15 / 37
GENERAL NEWS / (eu) competition
Commission authorises, with conditions, Siemens/Dematic/VDO/Sachs operation, but starts in-depth investigation into Rexroth/Bosch

Brussels, 30/08/2000 (Agence Europe) - As indicated yesterday, the European Commission handed down it ruling concerning two aspects of the same operation. On the one hand it authorised, with conditions attached, Siemens AG to take-over Dematic, VDO and Sachs, three subsidiaries of Mannesmann, but one the other hand, it opened an in-depth investigation into the take-over of Rexroth by Bosch, a subsidiary of Mannesmann, suspecting the non-compatibility of this operation with the common market....

Contents

THE DAY IN POLITICS
(EU) EU/MINISTERIAL "GYMNICH": future EU, external relations, Middle East and situation in FRY are points on agenda of Evian meeting
(EU) EU/AUSTRIA: Three Wisemen met Ms Riess-Passer and several NGOs
(EU) EU/MEDITERRANEAN:
(EU) EU/BASQUE COUNTRY/COMMISSION:
(EU) EU/INSTITUTIONAL REFORM: Commission to specify its proposal to create European prosecutor responsible for protecting EU financial interests
(EU) EP/FOREIGN POLICY: Galeote Quecedo Report proposes establishment of common Community diplomacy
GENERAL NEWS
(EU) EU/AGRICULTURE: Debate continued on promoting European model of agriculture - Rural Europe, diversity, taste, food quality and safety the focus of discussions by Agriculture Ministers in Biarritz
(EU) EU/BANANAS: Taken to court by two European companies victim to US sanctions in the banana dispute, Commission denies all legal responsibility for losses suffered
(EU) EU/ENLARGEMENT/AUSTRIA:
(EU) EU/FISHERIES:
(EU) EU/EMU: Mr Fabius and Mr Eichel want Ecofin Council to ensure strict respect for convergence criteria by candidate countries - Euro promotional tour
(EU) EP/EIB: President of EP Socialist group, Enrique baron, calls for candidates to EIB vice-presidency to he auditioned by Parliament
(EU) EMU/UNITED KINGDOM:
(EU) EU/OLAF:
(EU) COMPETITION: Commission authorises, with conditions, Siemens/Dematic/VDO/Sachs operation, but starts in-depth investigation into Rexroth/Bosch
(EU) EU/COMPETITION: Commission authorises investigation of joint venture between Sextant and Diehl in the avionics sector
(EU) EU/COMPETITION: Commission authorises acquisition of Societe des Aciers d"Armature pour Beton (France) by Riva (Italy)
(EU) EU/HEALTH: Commission prolongs public health programmes until 2002
(EU) EU/SOCIAL: French Presidency seminar end-September in Lille
(EU) EU/ACP: Meeting of socio-economic circles of the Economic and Social Committee
(EU) EU/ADVERTISING: Exhibition on children's advertising on television
ECONOMIC INTERPENETRATION
(EU) Main operations carried out in August:
(EU) Chemicals:
(EU) Packaging:
(EU) Paper:
(EU) Paper:
(EU) Aluminium:
(EU) Energy:
(EU) Energy:
(EU) Water:
(EU) Marketing:
(EU) Consultancy:
(EU) Consultancy:
(EU) Transport:
(EU) Internet:
(EU) Telecommunications:
VALUE OF THE EURO IN DIFFERENT CURRENCIES 30/08/2000: