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Europe Daily Bulletin No. 7861
Contents Publication in full By article 13 / 34
GENERAL NEWS / (eu) eu/competition

Commission authorises join control of AirPlus by Creditanstalt, Austrian Airlines and Lufthansa

Brussels, 11/12/2000 (Agence Europe) - The European Commission has authorised the joint takeover of AirPlus, credit card company, by AUA Beteilsgungsgesellschaft (ABG, subsidiary of Austrian Airlines), Credietanstalt AG (CA, subsidiary of Bank Austria) and Lufthansa AirPlus Servicekarten gmbh (LASG, subsidiary of Lufthansa. ABG, CA and LASG will each take a 33% stake in the joint-venture, which will issue and market credit cards, taking part in the "Miles and More" system of Austrian Airlines and Lufthansa. The Commission considers that the operation will not create a dominant position, in the sense that AirPlus has a low market share for payments by card and that there is sufficient competition in the sector.

Contents

THE DAY IN POLITICS
(EU) EU/INSTITUTIONAL REFORM: After three days of negotiations, the "Treaty of Nice" is born - for Jacques Chirac, Nice was "a great summit" - Lionel Jospin is "happy for Europe", but would have liked more ambition, especially over qualified majority voting, like Romano Prodi, who finds the re-weighting of votes finally agreed to difficult to explain
(EU) EU/BALKANS: Coordination meeting between donors for Serbia
(EU) EU/KOSOVO:
(EU) EU/MIDDLE EAST: European Council points out EU is willing to consult all parties on resumption of peace process
(EU) EU/KASHMIR: EU welcomes ceasefire proclaimed for Ramadhan
(EU) EU/POLAND: Warsaw pleased to have status equal to Spain
GENERAL NEWS
(EU) EU/MOROCCO: Nice Summit took into consideration possibility of failure of fishing negotiation and plans support for conversion of Spanish fleet, satisfaction from Spain
(EU) EU/ASEAN: Burma problem dominates first ministerial session, with new WTO round
(EU) EU/ENLARGEMENT: Additional EUR 134 million to facilitate financing of small and medium sized enterprises (SME) in candidate countries
(EU) EU/BULGARIA: EIB grants first loan of EUR 50 million for construction of bridge over Danube between Bulgaria and Romania
(EU) EU/ACP/TRADE: Mr Lamy explains to ACP Trade Ministers his view of new round of WTO trade negotiations
(EU) EU/SPORT: Ms Reding considers "Nice Declaration" on specific nature of sport a "clear political signal" calling for greater account to be taken of social and cultural dimension of sport
(EU) EU/COMPETITION: Commission authorises join control of AirPlus by Creditanstalt, Austrian Airlines and Lufthansa
(EU) EU/COMPETITION: Commission authorises Dow to take exclusive control of Gurit-Essex and Gurit-Essex Trading
(EU) EU/COMPETITION: Green light for takeover of Moulinex by the group EL.FI
(EU) EU/COMMISSION: Green light for a concentration between the American groups Quantum HDD and Maxtor (hard disk drives)
(EU) EU/SME:
(EU) EP/STATISTICS:
(EU) EP/FRAUD/OLAF: Theato Report invites EP to insist on OLAF's independence and establishment of European prosecutor
(EU) EU/FRAUD: Polemic over recruitment procedures for OLAF staff
(EU) EU/COURT OF JUSTICE: Ruling on French legislation relating to emmenthal cheese interpreted differently
(EU) EU/TRANSPORT: Commission proposes strengthening safety measures for transport of passengers and children, by strengthening compulsory use of safety belts
(EU) EU/POSTAL SERVICES: Economic and Social Committee compromise between opening up to competition and keeping universal service
(EU) EU/HEALTH: Commission proposes Council Recommendation to Member States on measures to curb under-age alcohol consumption
(EU) EU/VOCATIONAL TRAINING: Viviane Reding takes part in "Training 2000"
(EU) NEWS OF THE WEEK: from 4 to 10 December 2000
ECONOMIC INTERPENETRATION
(EU) Investments:
(EU) Privatisation:
(EU) Hygiene products:
(EU) Agrifoods:
(EU) Information technology:
(EU) Telecommunications:
WEEKLY SUPPLEMENTS
European Library: N° 439
VALUE OF THE EURO IN DIFFERENT CURRENCIES 11/12/2000: