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Europe Daily Bulletin No. 7856

6 December 2000
Contents Publication in full By article 26 / 35
ECONOMIC INTERPENETRATION / (eu) chemicals

BASF PHARMA (German group BASF) is to sell its European generic medicines business to the Austrian subsidiary of Swiss NOVARTIS, specialised in this field, for the sum of EUR 115 million, as of 1 January 2001. The sale concerns six companies (in Germany, France, Switzerland, Netherlands, Italy and Spain), employing 224 persons, which are expected to make a turnover of EUR 60 million in 2000.

Contents

THE DAY IN POLITICS
(EU) EU/NICE SUMMIT: institutional reform, economic and social themes, themes concerning citizens, enlargement and defence policy will occupy significant part of works
(EU) EU/INSTITUTIONAL; REFORM: Mr Moscovici starts first assessment of French Presidency with longest summit in European history
(EU) EU/INSTITUTIONAL REFORM: Germany and Italy propose new revision of Treaty in 2004
(EU) EP/INSTITUTIONAL REFORM: Mr Fischer is optimist, but realist over result of Nice summit - Thoughts on post Nice
(EU) EU/CUBA: Debate on review of relations with Cuba continues
GENERAL NEWS
(EU) EU/INDUSTRY: Council adopts Conclusions on shipbuilding and innovation and postpones debate on reform of competition rules
(EU) EU/INDUSTRY: Council confirms end of shipbuilding aid in January 2001, but retains possibility of specific aid should talks fail with Korea
(EU) EU/ENLARGEMENT: Some new chapters closed on occasion of ministerial negotiating meetings on Tuesday
(EU) EU/AGRICULTURE: Agreement in extraordinary "Mad Cow" Council on package of additional measures to restore consumer confidence in beef and rescue collapsing market
(EU) EU/INERNATIONAL TRADE: Lamy prepares reformulation of EU stance for new global negotiating round in WTO to "go further" in helping developing countries
(EU) EU/MEDITERRANEAN:
(EU) EU/FISH: Commission proposes, for next year, significant cuts in catches for nearly all species and up to 74% for Hake
(EU) EU/SHIPBUILDING: European shipyards consider Commission's proposals insufficient for facing up to Korean competition - Korean shipyards protest against dumping allegations
(EU) EU/TRANSPORT: Commission stance on new "maritime package" on Wednesday
(EU) EU/JHA COUNCIL: Progress towards common area of freedom, security and justice, but work must continue on several points (repression of aid to illegal entrants, fight against trafficking, asylum and immigration policy) - Schengen acquis takes effect on 25 March in northern countries
(EU) EU/COMPETITION: Acquisition of Holland Chemical International (NL) by Stinnes is cleared
(EU) EU/REGIONAL: 15th AER General Assembly - debate on governance
(EU) EP/COMMISSION REFORM: EP makes overall positive assessment of proposals for administrative reform, remains "vigilant" as to their implementation, and issues criticisms and proposals (including end to job for life)
(EU) EP/DEVELOPMENT/REFORM: According to Parliament, a Commission service should have responsibility for the whole cycle of cooperation with developing countries
(EU) EU/AUSTRIA:
TEXTS OF THE WEEK
:
:
European commission: Position of the forthcoming Presidency (Sweden).
ECONOMIC INTERPENETRATION
(EU) Privatisation:
(EU) Engineering:
(EU) Chemicals:
(EU) Pharmaceuticals:
(EU) Cement:
(EU) Chemicals:
(EU) Multimedia:
(EU) Television:
(EU) Holding:
(EU) Banks:
(EU) Banks:
VALUE OF THE EURO IN DIFFERENT CURRENCIES 05/12/2000: