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Europe Daily Bulletin No. 7823

18 October 2000
Contents Publication in full By article 37 / 41
ECONOMIC INTERPENETRATION / (eu) cables

PIRELLI CAVI E SISTEMI, the subsidiary of the Italian group PIRELLI specialised in cables and tyres, has announced the launch of a public bid on all the ordinary PCAL _ PIRELLI CABLES AUSTRALIA LIMITED shares quoted on the Australian stock exchange. PCAL is held at 51% by PIRELLI,which will offer AUS$0.85 per share. The cost of the operation is estimated at EUR 22.4 million.

Contents

THE DAY IN POLITICS
(EU) WEU/EU: WEU military Committee adopts "Transition Plan"
(EU) EP/NATIONAL PARLIAMENTS: COSAC discusses amendment to EU Treaty Protocol on role of national parliaments and Charter of Fundamental Rights - Debate of "large" and "small" countries
(EU) EP/INSTITUTIONAL REFORM: Constitutional committee specifies conditions in which enhanced cooperation and EU constitutionalisation process should develop
GENERAL NEWS
(EU) EU/JHA/ECOFIN: Council took decisive steps towards a reinforcing of fight against financial fraud, and money laundering in particular - Banking and fiscal secrecy cannot block criminal investigations
(EU) EU/ECOFIN COUNCIL: Preparation of aid to Serbia, institutional reform and economic aspects of social dossiers
(EU) EU/TAXATION: The Fifteen retain the hope of reaching agreement on taxation on savings in November, as well as on VAT on electronic commerce
(EU) ECB/EURO: Polemic over latest remarks by Wim Duisenberg
(EU) EU/EUROGROUP: Tax reductions must be compensated by reductions in spending in States that have not yet achieved budgetary balance - Confidence in euro remains intact
(EU) EU/TAXATION: Agreement among Fifteen to abolish obligation to designate tax representative under VAT system
(EU) EU/FINANCIAL SERVICES: Political agreement by Fifteen on new investment products eligible for UCITS
(EU) EU/EMPLOYMENT AND SOCIAL POLICY: Council adopts European strategy to combat social exclusion
(EU) CHARTER OF FUNDAMENTAL RIGHTS:
(EU) EU/COMMISSION/GLOBALISATION:
(EU) EU/TRANSPORT: Mrs Loyola de Palacio clarifies state of works concerning Malpensa airport (Milan, Italy)
(EU) EP/MEDIA/CHILDREN: Parliament calls for "self-regulation code" in audio-visual sector for protection of minors
(EU) EU/ECONOMY: Inflation continues to increase in September
(EU) EU/ASIA: Third ASEM Summit should give new impetus to political dialogue - several economic and cultural cooperation projects - Difficulties over ASEM enlargement to other countries in Asian region
(EU) EP/SERBIA: Mr Kostunica before EP next week?
(EU) EU/MOROCCO: Following Fischler's visit to Casablanca, negotiations on fisheries open - Moroccan stance to be known on 30 October
(EU) EU/ACP: Parliamentary Assembly rejects "first come, first served" system for bananas and takes a stance on rum, sugar and WTO exemption for Cotonou Agreement
(EU) EU/WASTE: Successful conciliation on incineration
(EU) EU/ENVIRONMENT:
(EU) ACP/EU: Parliamentary Assembly adopts several resolutions on social issues, fisheries and decentralised cooperation
(EU) ACP/EU: Parliamentary Assembly invites EU to support strengthened democratic institutions in Zimbabwe
(EU) EU/BUDGETS: This Wednesday Parliament/Council/Commission three way dialogue prepares follow-up budgetary procedure, especially for aid to Serbia and Balkans in general
(EU) EIB/SPAIN: 100 million euro loan for steel group Aceralia
(EU) EIB/MANAGEMENT COMMITTEE: Michael Tutty appointed Vice-President
(EU) EU/TRADE POLICY: Anti-dumping measures recently adopted by Council on Asian products
(EU) EU/COMPETITION: Approval to acquisition of Nabisco by Philip Morris
(EU) EU/ECONOMIC AND SOCIAL COMMITTEE: ESC elects its new President, two Vice-Presidents and Bureau on Wednesday - Opinion on plenary agenda
ECONOMIC INTERPENETRATION
(EU) Aluminium:
(EU) Banks:
(EU) Agri-food industry:
(EU) Office equipment:
(EU) Transport:
(EU) Hotels:
(EU) Cables:
(EU) Oil:
(EU) Equipment:
(EU) Telecommunications:
VALUE OF THE EURO IN DIFFERENT CURRENCIES 17/10/2000: