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Europe Daily Bulletin No. 7850

27 November 2000
Contents Publication in full By article 26 / 37
ECONOMIC INTERPENETRATION / (eu) privatisation

- Czech Republic: Five European banks are in the running for the privatisation of a 60% stake held by the Czech State in the bank KOMERCNI BANKA, second largest Czech bank. This concerns the French banks SOCIETE GENERALE and CREDITE AGRICOLE, the German HYPOVEREINSBANK, AUTRICHIENNE BANK AUSTRIA CREDITANSTALT and the Italian UNICREDITO. This privatisation operation should be complete during the first quarter 2001, according to the planned programme.

Contents

A LOOK BEHIND THE NEWS
: The idea of a new world trade negotiation round seems to progress, but are they talking of the same round - Pascal Lamy's view, now clear, goes well beyond simple access to market and favours "global governance"
THE DAY IN POLITICS
(EU) EU/INSTITUTIONAL REFORM: According to Mr Barnier , there is no hope for a "great reform" in Nice, but a "correct and useful reform" is possible, and Commission will fight until last minute to get it
(EU) EU/INSTITUTIONAL REFORM: Latest meeting of Preparatory Group confirms that there is a move towards re-weighting of votes in Council and deferred ceiling for Commission
(EU) EU/MIDDLE EAST: Solana takes part in initial meeting of Sharm el-Sheik Fact-Finding Committee
(EU) EP/INSTITUTIONAL REFORM: Brok and Tsatsos concerned for Nice
(EU) EU/NICE SUMMIT: Episcopal appeal for an ambitious reform
(EU) EU/UNITED KINGDOM/IRELAND: Launch of "Blair's Britain, England's Europe"
GENERAL NEWS
(EU) EU/TAX: Fifteen reach agreement on tax on savings, but its implementation will require further unanimous agreement in 2002
(EU) EU/BALKANS: Declaration from Zagreb Summit underlines that regional co-operation is condition for EU accession - Signing of first Stability and Association Agreement, with Macedonia
(EU) EU/INTERNAL MARKET: European Commission notes acceleration in implementation of regulations, but some delays remain
(EU) EU/EUROGROUP: Sunday's meeting allows Ministers to reaffirm good economic prospects and re-evaluation of euro
(EU) EU/ECOFIN: Council gives positive assessment of state of budgetary stability reached by three Member States
(EU) EU/ECOFIN: Stressing importance of integrated financial market, Council calls on Lamfalussy Committee for final report by mid-February, in anticipation of March decisions by Stockholm Summit
(EU) EU/CLIMATE CHANGE: Disappointed negotiations in The Hague are suspended, Commissioner Margot Wallström remains confident agreement will be reached when COP6 resumes in 2001
(EU) EU/OCT: New association of OCTs with European Community proposed by the Commission to give preference to the poorest is criticised by OCTs - Review in progress in Council
(EU) EP/NOVEMBER MINI-SESSION: Nice Summit, Defence and Security Policy (with Alain Richard), maritime safety, Commission reform
(EU) EU/INTERNATIONAL TRADE:
(EU) EU/TOURISM: Lille informal Council moves towards establishing sustainable common policy - preserving natural and artistic resources, avoid excessive mergers
(EU) EU/COMPETITION: European Commission suspects those participating in Austrian "Lombard Club" fixed euro-zone exchange charges
(EU) EU/COMPETITION: Commission rejects measures taken by Portugal aimed at banning public bid for acquisition of cement company Cimpor
(EU) EU/COMPETITION: Go-ahead to restructuring of Eutelsat
(EU) EU/EMPLOYMENT AND SOCIAL POLICY: Work opens in Council
(EU) EU/TRANSPORT: Parliament-Council compromise on opening rail up to competition welcomed positively by interested parties
(EU) NEWS OF THE WEEK: from 20 to 26 November 2000
ECONOMIC INTERPENETRATION
(EU) Investment:
(EU) Privatisation:
(EU) Cosmetics:
(EU) Oil:
(EU) Real estate:
(EU) Distribution:
(EU) Electricity:
(EU) Aviation:
(EU) Automotive equipment:
(EU) Distribution:
(EU) Communications:
WEEKLY SUPPLEMENTS
European Library: N° 437
VALUE OF THE EURO IN DIFFERENT CURRENCIES 27/11/2000: