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Europe Daily Bulletin No. 7869

22 December 2000
Contents Publication in full By article 40 / 43
ECONOMIC INTERPENETRATION / (eu) plastics

The German plastic film manufacturer KLOECKNER-WERKE has recommended to its shareholders that they do not accept the hostile bid by its main shareholder WCM (40% of the capital). WCM, portfolio company specialisted in the real estate sector and whose stock market capitalisation amounts to DM 3.04 bn, is proposing swapping one WCM share for one in KLOECKNER-WERKE, adding a premium of 7 euro a share. The offer runs until 16 January. Plastic films represent 40% of the group's annual turnover...

Contents

THE DAY IN POLITICS
(EU) EU/NICE TREATY: Contradictions over weighting of votes in Council delay completion of final text
(EU) EU/KOSOVO: French Presidency insists on fight against violence and welcomes signing by FRY of statute of International Tribunal
(EU) EU/MEXICO: EU welcomes initiatives towards a negotiated solution in Chiapas and says it is ready to intensify its efforts in the region
(EU) EU/DENMARK: Petersen leaves, so as "not to manage Danish exemptions"
(EU) EU/CANADA: Positions very close on missile defence
(EU) TURKEY: Initial reactions following the assault on Turkish prisons
GENERAL NEWS
(EU) EU/MARITIME SAFETY: EU 15 agreement on measures to check risk ships, setting procedures for elimination of single hull tankers - Accelerated enforcement
(EU) EU/TRANSPORT: Council endorses agreement with Parliament on rail liberalisation - Formal adoption end January
(EU) EU/TRANSPORT COUNCIL: Ministers to continue difficult negotiation on working hours of hauliers on Thursday evening
(EU) EU/TELECOMMUNICATIONS: Friday's Council to focus on continued liberalisation of postal services - Discussions on several directives concerning regulatory framework, eContent programme, etc.
(EU) EU/ENVIRONMENT/ENERGY: State aid to environment will benefit from largely favourable Commission approach, subject to certain conditions - Encouragement for renewable energies
(EU) EU/STATE AID: Commission clears Irish aid scheme for research and innovation
(EU) EU/SOCIAL: Council Presidency notes qualified majority in favour of directive on "worker information-consultation in national companies" - Trade unions and civil society impatient
(EU) EU/FINANCIAL SERVICES: European Commission refers price freeze on car insurance in Italy to Court of Justice
(EU) EU/MEDITERRANEAN:
(EU) EUROPEAN CENTRAL BANK:
(EU) EU/FOOD SAFETY: Agriculture Ministers have insisted on scientific assessment role of future Authority, but remedies will have to remain with Commission and Member States
(EU) EU/TRANSPORT COUNCIL: "Conclusions" on creation of European Aviation Safety Authority define breakdown of legislative roles for developing future European standards
(EU) EU/TRANSPORT: Commission approves sharing of flights between Linate and Malpensa airports as long as Italy implements its recent commitments within two weeks
(EU) EIB/ITALY: EUR 350 million loan for urban renewal in Milan
(EU) EU/TRANSPORT: Commission report highlights inconsistency and shortcomings of "ecopoint" system for truck transit through Austria
(EU) EU/COMPETITION: SAir group, REWE and Oppenheim are authorised to jointly take-over LTU (aviation)
(EU) EU/COMPETITION: Green light from Commission to acquisition by Peugeot of Sommer Allibert (automobile equipment)
(EU) EU/COMPETITION: Commission authorises creation of joint venture between Corus and Cogifer
(EU) EU/COMPETITION: Green light to joint venture between Repsol and Borealis
(EU) EU/COMPETITION: Commission clarifies its attitude towards corrective measures when a merger of companies includes inconveniences
(EU) EU/AGRICULTURE: Commission proposes a two-year extension of olive oil scheme with tightened quality measures
(EU) EU/ECONOMY: European Commission Communication on employment extends and widens Maastricht Treaty "convergence criteria"
(EU) EU/DEVELOPMENT/NGO: Details of controversy between Commissioner Nielson and development NGO liaison Committee
(EU) EU/STATE AID: Commission authorises series of regional State aids in favour of large and medium sized enterprises in certain Flemish regions
(EU) EU/AGRICULTURE: COPA and COGECA call for reflection to reach "global vision of agriculture" - plant protein paradox
(EU) EU/COURT OF FIRST INSTANCE: Philip Morris attacks European Commission decision to take cigarette smuggling before an American court
ECONOMIC INTERPENETRATION
(EU) Insurance:
(EU) Insurance:
(EU) Telecommunications:
(EU) Telecommunications:
(EU) Temping:
(EU) Cleaning:
(EU) Equipment:
(EU) Plastics:
(EU) Retailing:
(EU) Beverages:
VALUE OF THE EURO IN DIFFERENT CURRENCIES 21/12/2000: