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Europe Daily Bulletin No. 7832

30 October 2000
Contents Publication in full By article 39 / 46
ECONOMIC INTERPENETRATION / (eu) banking

The Portuguese group BANCO FINANTIA has made a public bid for all the capital of the Spanish bank BANCO ESFINGE (net profits of 122 million pesetas in the first half of 2000 with 27 employees) at 1.66 euro a share, valuing the entity at 25.79 million euro.

Contents

A LOOK BEHIND THE NEWS
: Climate of enlargement negotiations risks deteriorating as prospects for their conclusion move away, and a lassitude seems to be gaining footing on both sides - Some ideas for an improvement based on reality and not demagogy
THE DAY IN POLITICS
(EU) EU/RUSSIA: Paris Summit decides to introduce specific consultations on security and defence issues - Russian cooperation in EU crisis management operations
(EU) EU/KOSOVO: Javier Solana calls for outcome of elections to be respected
(EU) EU/INSTIUTIONAL REFORM: Luxembourg memorandum, which refuses ceiling for Commmission (even heirachisised) - Eight Member States suffice to launch reinforced cooperation - Anchor ESDP in Treaty
(EU) EP/GERMANY: Fontaine to visit Berlin
(EU) COUNCIL OF EUROPE: Accession of Azerbaijan and Armenia
(EU) UEF/ESDP:
(EU) FEDERALISTS/IGC:
(EU) EU/UNITED KINGDOM/PASSPORTS:
(EU) EP/REFORM: Socialist group revives debate on parliamentary reform - Monthly debate on CFSP, every two months on EMU
(EU) NEAR EAST:
GENERAL NEWS
(EU) EU/RUSSIA: Paris Summit signals the start to an « energetic partnership » for diversifying Europe's sources of supply- Other results
(EU) EU/MOROCCO/FISHERIES: Morocco considers a "global cooperation" agreement in the realm of fisheries not comprising European catches in Moroccan waters, except for limited quantities as transitional measure
(EU) EU/MEDITERRANEAN: Morocco announces intention of creating, with Tunisia, Jordan and Egypt, for sub-regional group in Mediterranean
(EU) EU/LATIN AMERICA: This Tuesday Commission examines Communication proposing three priorities for follow-up to Rio Summit
(EU) EU/UNITED STATES: European reaction to American provision that allocates to steel industry revenue from anti-dumping measures
(EU) EU/UNITED STATES: Mr Fischler denounces new increase in American aid to agriculture
(EU) EU/EASTERN COUNTRIES: New guidelines to improve functioning of Phare programme
(EU) EU/ENLARGEMENT: 37 new ISPA projects approved by management committee - Optimism from Commission for total engagement of 2000 budget and for balance between environment/transport
(EU) EU/INTERNAL MARKET: European Commission calls on Belgium to lift barrier to work of patent agents
(EU) EU/BUDGET 2001: Commission downwardly reviews agricultural spending for 2001 (-932 million euro) and considers that 900 million budgetary surplus for 2000 may be carried over to the 2001 budget
(EU) EU/DATA PROTECTION: Parliament will vote in November on report by Mrs Paciotti concerning data protection
(EU) IRAQ/OIL:
(EU) EU/INSURANCE:
(EU) EU/ENVIRONMENT:
(EU) EP/ITALY/UNIVERSITIES: parliament repeats call for Italy to regularise its position on "foreign language teachers"
(EU) EP/BANKING: EPP MEPs champion anti-e-banking fraud directive
(EU) EU/COMPETITION: Alcoa takeover of British Aluminium approved
(EU) EU/COURT OF FIRST INSTANCE: Judgements handed down last week
(EU) EU/ENVIRONMENT: Beuc and EEB initiative to "Minimise chemical risks" - Applying the precautionary principle and reversing the burden of proof
(EU) EU/SOCIAL POLICY: European trade unions (ETUC) call for revamp of European work council directive
(EU) EU/TRAINING: European managers Claim life long training is essential for a competitive Europe - Meeting with President Chirac
(EU) EU/EMU/GERMANY:
(EU) NEWS OF THE WEEK: from 23 to 29 October 2000
ECONOMIC INTERPENETRATION
(EU) Publishing:
(EU) Publishing:
(EU) Oil:
(EU) Paper:
(EU) Banking:
(EU) Postal services:
(EU) Chemicals:
(EU) Agri-food:
(EU) Retailing:
(EU) Internet:
WEEKLY SUPPLEMENT
European Library: N° 433
VALUE OF THE EURO IN DIFFERENT CURRENCIES 30/10/2000: