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Europe Daily Bulletin No. 7789

1 September 2000
Contents Publication in full By article 31 / 35
ECONOMIC INTERPENETRATION / (eu) paper

The Finnish paper producer UPM-KYMMENE launched a cash offer of EUR 120 million for the Canadian REPAP ENTREPRISES (turnover of EUR 425 million in 1999) at the price of 0.2 Canadian dollars per share. Furthermore it will take on the company's debt, the total cost of the operation totalling EUR 1.01 billion.

Contents

THE DAY IN POLITICS
(EU) EP/MIDDLE EAST: Presidents of Knesset and Palestinian Legislative Council will speak in plenary on 5 September in Strasbourg
(EU) EU/COUNCIL: 4 September in Paris, seminar organised by "Notre Europe" and "Les Amis de l'Europe"
(EU) EP/AUSTRIA/IGC: Mr Pöttering hopes for lifting of sanctions against Vienna before Danish referendum on Euro and invites Mr Fischer to publicly speak in favour of a generalisation of qualified majority voting - EPP group want first accessions by 2003
(EU) EU/SWEDISH PRESIDENCY: Prodi in Stockholm for meetings on Friday
(EU) EU/MEXICO: EU calls for respect of electoral choice
(EU) EU/POLAND: EU welcomes twentieth anniversary of Gdansk agreements
GENERAL NEWS
(EU) EMU/ECB: ECB raises key rates stating this supports favourable prospect for strong growth and noting monetary policy does not remedy in short term a situation strongly influenced by evolution of oil prices and exchange rates
(EU) EU/FUEL PRICES/INTERNAL MARKET: Commission sends letter to France following blockade of French ports
(EU) EU/ROMANIA: Commission rejects accusations by Romanian press stating EU supplied products unfit for consumption to Romanian orphanages
(EU) EU/STATE AID: Aid extended to Holzmann - Commission reserves judgement
(EU) EU/STRUCTURAL FUNDS: Operational programmes in Italy and Portugal approved
(EU) EP/ACCESS TO DOCUMENTS: EP appeal against Council decision to limit access to CFSP documents
(EU) EP/ENLARGEMENT: Candidate countries should have exchange policy linked to euro as soon as possible, says Berès report
(EU) EP/ASIA:
(EU) EP/NUCLEAR:
(EU) EP/CLONING: Socialist group wants an ad hoc Committee in Bioethics, Radicals want a declaration from Plenary Committee
(EU) EU/COMPETITION: Commission authorises joint take-over of Lufthansa Ground services by Menzies
(EU) EU/COMPETITION: Green light for take-over of Frosch Touristik (FTI) by Airtours plc
(EU) EU/COMPETITION: Commission authorises creation of NewMonday.com
(EU) EU/INDUSTRY: July growth of steel production confirms strength of recovery according to International Iron and Steel Institute
(EU) EU/INDUSTRY: Coal imports increase slightly - Colombia becomes EU's fourth supplier
(EU) EU/REGIONS: Seminar in Finland on European tourism policy
(EU) EU/UNIONS:
(EU) UEF/FRANCE:
ECONOMIC INTERPENETRATION
(EU) Main operations carried out in August:
(EU) Banks:
(EU) Stock markets:
(EU) Telecommunications:
(EU) Cruises:
(EU) Travel:
(EU) Paper:
(EU) Gardening equipment:
(EU) Cement:
(EU) Chemicals:
VALUE OF THE EURO IN DIFFERENT CURRENCIES 31/08/2000: