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Europe Daily Bulletin No. 7825

20 October 2000
Contents Publication in full By article 11 / 42
GENERAL NEWS / (eu) eu/finance/justice
Texts of Council "Conclusions" stepping-up EU action against money-laundering and financial crime in general - Rules must be implemented in all "dependent territories" of Member States - Pressure on "non-cooperative" countries - Bank secrecy may not be invoked against judicial authorities

Luxembourg, 19/10/2000 (Agence Europe) - As EUROPE announced (see bulletin on 18 October, p.5), on the occasion of their "Jumbo Council" in Luxembourg on Tuesday, Justice and Home Affairs Ministers, and Finance Ministers, unanimously adopted an ambitious plan in view of stepping-up the fight against financial crime, and money laundering in particular. Given the importance of this text, we are publishing the text of the "Conclusions" in full, with certain details (inserted in parenthesis and...

Contents

THE DAY IN POLITICS
(EU) EU/MIDDLE EAST: Next week Mrs Fontaine will discuss with MEPs EU aid to region and meet representatives of various religions - Declarations by Presidency and Mr Prodi
(EU) FRY/OSCE/EP: FRY invited to reintegrate OSCE
(EU) SOUTH EASTERN EUROPE/STABILITY PACT:
(EU) EP/SOCIALIST GROUP: Baron stresses smooth running of co-decision and announces proposals to reform EP, to make up for "democratic deficit"
(EU) EU/EMPLOYMENT AND SOCIAL POLICY COUNCILS AND JHA: Guigou replaces Aubry and Lebranchu Guigou at Presidency
(EU) EP/GREENS/SOCIALISTS: Cyehun explains his move from Greens to Socialist Group - Schulz sees reemergence of confrontations between Green "realists and fundamentalists"
(EU) EP/PES GROUP/MEDITERRANEAN: In Marseilles on Friday, a forum for a comprehensive Mediterranean policy
(EU) EU/PES: Round table in Vienna on rights and values in Europe
GENERAL NEWS
(EU) EU/ASIA: The texts prepared by ministers for the Asem Summit formulate compromises on human rights, nuclear weapons, WTO - Commissioner Patten satisfied
(EU) EURO/ECB: Board of Governors maintains interest rates unchanged - Mr Duisenberg asserts that he will not resign
(EU) EU/FINANCE/JUSTICE: Texts of Council "Conclusions" stepping-up EU action against money-laundering and financial crime in general - Rules must be implemented in all "dependent territories" of Member States - Pressure on "non-cooperative" countries - Bank secrecy may not be invoked against judicial authorities
(EU) EU/PATENTS: European Commission postpones plan for European computer software patents and begins consultations
(EU) EU/TAXATION: Most Member States do not wish to lose potential VAT receipts in electronic commerce
(EU) EU/TRANSPORT:
(EU) EU/CZECH REPUBLIC: Verheugen/Kavan meeting clarifies positions on Temelin power station, but no solution in sight for Austria
(EU) EU/BUDGET: Agreement of principal EP/Council/Commission on EUR 200 million for Serbia and Kosovo included in 2000 budget - Situation of 2001 budget must still be clarified
(EU) EP/BUDGET 2001: United Left/Nordic Green Left to propose rejection at first reading to obtain revision of financial perspectives
(EU) EU/TRANSPORT:
(EU) EU/AFRICA: EU and Economic Community of West African States (ECOWAS) have created basis for reinforced cooperation in future economic partnership agreement
(EU) EU/COMPETITION: Avnet (United States) can acquire European distribution activities for systems and electronic components from Veba (Germany)
(EU) EU/STATE AID: Commission approves aid to cobalt R&D project by Océ NV
(EU) EU/STATE AID: Commission opens procedure on State aid in favour of regional venture capital funds for SMEs in England
(EU) EU/BIOETHICS: Mr Prodi wants to reinforce status of European Ethics Group
(EU) EU/EDUCATION: Creation of Italian information and documentation Centre on Europe
(EU) EP/ACCESS TO DOCUMENTS: President's conference decided to recommend an appeal against Council decision
(EU) EU/AGRICULTURE:
(EU) EU/INSTITUTIONAL: Goke Frerichs new President of Economic and Social Committee
(EU) EU/TURKEY: Turkish Deputy Prime Minister meets European employers
(EU) EU/ASIA: ICFTU calls on Asem Summit to add social pillar to current three pillars of Asem
ECONOMIC INTERPENETRATION
(EU) Insurance:
(EU) Insurance:
(EU) Banks:
(EU) Finances:
(EU) Chemicals:
(EU) Chemicals:
(EU) Paper:
(EU) Distribution:
(EU) Office furniture:
(EU) Electronics:
(EU) Air:
(EU) Electricity:
VALUE OF THE EURO IN DIFFERENT CURRENCIES 19/10/2000: