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Europe Daily Bulletin No. 7829

26 October 2000
Contents Publication in full By article 30 / 42
ECONOMIC INTERPENETRATION / (eu) banking

DEUTSCHE BANK has signed a letter of intent with the French insurance company AXA to take over the main activities of the bank WORMS (total balance sheet of 6 bn euro in 1999, with 7.5 bn euro in assets under management, clientele of 15,000 individuals and over 2,000 companies), owned by AXA. The activities concerned are the retail, corporate and asset management units. The cost of the transaction has not been revealed.

Contents

THE DAY IN POLITICS
(EU) EP/CONSTITUTION: Parliament defines a procedure to lead to a European Constitution in 2004 - "Yes" to "enhanced cooperation" under certain conditions
(EU) EP/DEFENCE: French Minister Alain Richard is against a "pioneer group" in terms of defence and proposes "COSAC" type formula for parliamentary control of ESDP - For moment, no modification of Treaty is required
(EU) EP/ANTI-PERSONNEL MINES: Approving the Bonino Report, Parliament calls for wide-ranging and effective European action, with adequate means
(EU) EU/INSTITUTIONAL REFORM: Moscovici gives details on France's position
(EU) EU/CHURCH: European bishops criticise certain aspects of Charter of Fundamental Rights
(EU) EP/COTE D'IVOIRE: Ms Fontaine condemns "electoral hold-up by General Gueï" - President of SOS Racism calls for action
(EU) EU/COTE D'IVOIRE: EU "demands" respect of voters' choice
GENERAL NEWS
(EU) EU/SOUTH EAST EUROPE: Change in Belgrade opens new phase for cooperation in the region, stresses Solana at Skopje summit - Message from President Chirac
(EU) EU/SERBIA/MONTENEGRO: First aid to Serbia mid-November - Towards autonomous trade concessions and lifting of last sanctions
(EU) EU/MEDITERRANEAN: European Commission feels that Arab countries should not renounce regional economic cooperation
(EU) EU/CEEC: Approval of rural development programmes in favour of Estonia, Lithuania and Slovakia
(EU) EU/BANANAS: United States and Latin American producer countries prepare alternative formula to import system being envisaged by EU
(EU) EU/WTO/BRAZIL: Consultations over Brazilian deliveries of instant coffee
(EU) EU/WTO/INDA: Towards "panels" in Geneva on two trade disputes
(EU) EU/FINANCIAL SERVICES: European Commission believes that Austrian law on taxation of investment funds is discriminatory
(EU) EU/INTERNAL MARKET: Commission attacks Belgium, Finland and Greece for barriers to free movement of goods
(EU) EU/FINANCIAL SERVICES: European Commission gives three week deadline to put an end to price freeze on car insurance
(EU) EP/REGIONAL POLICY: Mr Barnier announces socio-economic study on Islands to Parliament - Mr Segni hopes that IGC poses problems of Article 158
(EU) EP/AGRICULTURE: Commission must find solutions to guarantee Community preference for supply of agricultural food industry
(EU) EP/ENVIRONMENT: Mr Byrne and Mrs Wallström have specified Commission strategy in terms of authorisation and control of GMO
(EU) EP/AGRICULTURE: Parliament approves, with amendments, Directive on marketing of vine plants
(EU) EP/FOOD SAFETY: Parliament brings support to Commission White Paper on food safety and insists on independence of future European authority
(EU) EU/VALUES: Colloquium of European Movement/Germany and "Present Realities" stress that Economic and Monetary Union and Community economic policies express "values", just as much as Charter of Fundamental Rights
(EU) EU/AUTOMOBILE: Automobile manufacturers and dealers call for postponement of exclusive distribution system
(EU) EU/TRADE POLICY: Anti-dumping duties increased on magnesium from China
(EU) EU/TRADE POLICY: Towards new anti-dumping procedure concerning China
(EU) EU/HUMANITARIAN AID: ECHO grants EUR 3.5 million to finance programme to prevent natural disasters in Central America
(EU) EU/HUMANITARIAN AID: ECHO grants over one million euros to victims of dengue epidemic in Salvador
(EU) EU/COURT OF FIRST INSTANCE:
ECONOMIC INTERPENETRATION
(EU) Banking:
(EU) Intermediation:
(EU) Banking:
(EU) Banking:
(EU) Finance:
(EU) Logistics:
(EU) Media:
(EU) Advertising:
(EU) Energy:
(EU) Steel:
(EU) Postal services:
(EU) Computer technology:
VALUE OF THE EURO IN DIFFERENT CURRENCIES 25/10/2000: