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Europe Daily Bulletin No. 7847

23 November 2000
Contents Publication in full By article 40 / 44
ECONOMIC INTERPENETRATION / (eu) insurance

The largest private Chinese insurer TAI KANG LIFE INSURANCE (volume of premiums of USD 76 million in 1999 with 400,000 clients) opened its capital to foreign investors who now hold 25%. The largest slice of shares was acquired by WINTERTHUR LIFE, subsidiary of the life insurer CREDIT SUISSE. SOFTBANK (Japan) and GIC (Singapore) also acquired shares.

Contents

THE DAY IN POLITICS
(EU) EU/NICE SUMMIT: Chirac begins his tour with Brussels and Luxembourg before European Council
(EU) EU/IGC/GERMANY: Schröder confirms he is open to restricted Commission and keen on unanimity on asylum issues - Vote weighting in Council not a Franco-German problem - For new IGC in 2004
(EU) EU/TURKEY: Ankara accuses EU of "deceit" but maintains candidature - MEPs hope to reassure Turkish colleagues
(EU) EU/REFORM OF INSTITUTIONS: Germany and France present first joint proposal on qualified majority vote and on taxation
(EU) EU/ISRAEL: Israel's Ambassador to the EU accuses EU of using language resembling that of Palestinian Authority
(EU) EU/FRY: Very few military officials are on the list of Yugoslavs whose assets are frozen
(EU) EP/DEFENCE: Contributions offered by third countries to the EU's rapid reaction force
(EU) EU/ALBANIA:
(EU) EU/INSTITUTIONAL REFORM/AUSTRIA: Woschnagg shows himself to be open to extension of qualified majority voting (but not for environment or transport) and states that Austria is not yet ready to negotiate option of "differed ceiling" on Commission
GENERAL NEWS
(EU) EU/IRAN: Council overcomes first step towards negotiation of trade and cooperation agreement
(EU) EU/ECONOMY: Commission confirms favourable forecasts until 2002 (growth, inflation, employment, public deficit), despite effects of oil price rise - Best economic situation in last ten years
(EU) EU/EUROPEAN CONFERENCE: Thursday session in Sochaux at ministerial level, with "EU 15", "EU 12", Switzerland and Turkey
(EU) EU/SERBIA: First electricity deliveries arrive
(EU) EU/ROMANIA: Agreement over funding for agriculture (Sapard Programme), 150 million euro between now and 2006
(EU) EU/CULTURE COUNCIL: Support to audiovisual industry, national aid to film, future of State television and price of books on agenda of Thursday session
(EU) EU/BUDGET 2001: Thursday and F'riday's Council to focus on aid to Balkans and mad cow disease
(EU) EU/COMPETITION:
(EU) EU/USA: In FSC affair, Americans challenge injury for European companies while Europeans state new system is even worse than the last
(EU) EU/TUNISIA: Negotiations on additional agricultural concessions concluded
(EU) EU/TRADE POLICY: Lamy continues dialogue with civil society
(EU) EP/FOOD SAFETY: Fontaine finds Agriculture Council conclusions on BSE disappointing, worrying even
(EU) EU/TRANSPORT: "Social package" (with compromises for working time for truckers and ban on weekend trucking) proposed
(EU) EU/CORSICA:
(EU) EU/JUSTICE: Commission initiates a far-reaching debate on asylum and immigration, that, in December 2001, should lead to common European systems
(EU) EU/FINANCIAL SERVICES: European Commission recommends that Member States better ensure the quality of audits of limited liability companies
(EU) EU/MOROCCO: The two parties still not reached agreement on duration and nature of future partnership regarding fishing
(EU) EP/WOMEN: Maj Britt Theorin and his colleagues call for timetable to be reduce by 50% in 4 years gap between men and women in labour market
(EU) OMBUDSMAN: Mr Söderman welcome adoption by Commission of internal procedure to examine suspicions of mistreatment of children in crèches
(EU) EP/SOCIAL: Trade Union Coordination Group calls on Nice Summit to introduce qualified majority for European Social policy - ESC position
(EU) EU/TRANSPORT: Public transport operators regret exemptions which, they feel, make Commission proposal on opening public transport up to competition devoid of all meaning
(EU) EP/FLOODS: Parliament calls on Commission to use every existing financing means to help areas hit by recent flooding
(EU) EU/MEDITERRANEAN: Business circles denounce "lack of credibility" of Barcelona process, Euromed Trade Union forum insists on social and political dimension
(EU) EU/TRANSPORTS:
ECONOMIC INTERPENETRATION
(EU) Privatisation:
(EU) Computing:
(EU) Computing:
(EU) Internet:
(EU) Food processing:
(EU) Banks:
(EU) Insurance:
(EU) Consumer goods:
(EU) Electronics:
SUPPLEMENT
"EUROPE"/Document N° 2220: Results of Euro Mediterranean Conference of Marseilles
VALUE OF THE EURO IN DIFFERENT CURRENCIES 22/11/2000: