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Image header Agence Europe
Europe Daily Bulletin No. 7870
Contents Publication in full By article 15 / 54
GENERAL NEWS / (eu) eu/brazil

EIB grants loan of $80 million for Volkswagen factories

Luxembourg, 22/12/2000 (Agence Europe) - The European Investment Bank is granting a loan of $80 million (around EUR 91 million) for the modernisation of two factories of Volkswagen do Brasil (VWB), a subsidiary of the Volkswagen group. The investment is intended for the production of small passenger cars mainly for the Latin-American market. "The new vehicles will be conform to European and Brazilian environmental and safety standards", stresses the EIB in its press release, adding that the transfer of technology from Europe will contribute to rebalancing the Brazilian balance of payments and safeguarding jobs.

Contents

THE DAY IN POLITICS
(EU) EU/TREATY OF NICE: EU capitals should react in coming days to interpretation proposed by French Presidency on issues still needing clarification in Treaty
(EU) EU/ELECTIONS: Commission encourages nationals from other EU countries to be more involved in municipal and European elections
(EU) EU/UNITED STATES/UN: EU proposes solution to problem of Washington's contribution to UN budget
(EU) EU/PALESTINE:
(EU) EU/HAITI:
GENERAL NEWS
(EU) EU/TRANSPORT: Council sets through majority, working time for hauliers, excluding from regulation independent hauliers for five years - Decision postponed on weekend regulation
(EU) EU/TRANSPORT: Council has not reached an agreement on resolution announcing launch of Galileo operational phase
(EU) EU/TRANSPORT: Outcome of Council on public transport, social conditions for seamen, etc.
(EU) EU/ECONOMY: European Central Bank intends acting swiftly against risks of inflation
(EU) EU/POSTAL SERVICES: Council tries for whole day to find a compromise on liberalisation of postal services, but in evening no compromise was found
(EU) EU/TELECOMMUNICATIONS: Council adopts eContent programme
(EU) EU/UNITED STATES/WTO: EU and eight WTO members call for consultation over "Byrd amendment", a "perverse incentive system" for raising anti-dumping cases
(EU) EU/INDUSTRY/ROAD SAFETY: Commission sets six month time limit for concluding negotiated agreement with automobile industry on bonnet model to reduce risks to pedestrians
(EU) EU/TURKEY: Council approves aid to Turkey of EUR 135 million during three years for pre-accession strategy
(EU) EU/BRAZIL: EIB grants loan of $80 million for Volkswagen factories
(EU) EU/UKRAINE: Conditions for envisaging a free trade area are not fulfilled - Discussions on market access
(EU) EU/UKRAINE: Agreement on gradual trade liberalisation for textile products is signed
(EU) EU/COOPERATION WITH THIRD COUNTRIES: New EuropeAid cooperation office will enter into service on 1 January 2001 to improve management of EU external assistance
(EU) EU/FIGHT AGAINST FRAUD:
(EU) EU/COMPETITION: Commission fines JCB (United Kingdom) for agreements and illicit practices in terms of distribution
(EU) EU/COMPETITION: Commission authorises Sanmina to jointly take over Inboard, 100% subsidiary presently held by Siemens
(EU) EU/ENVIRONMENT: Commission calls on Court of Justice to set fines against United Kingdom (bathing water) and Germany (environmental impact) for non-application of previous rulings
(EU) EU/FINANCIAL SERVICES: European Commission refers to Court of Justice over breakdown assistance rules in Greece
(EU) EU/MARITIME TRANSPORT: representatives from European ports call on Commission to present, at beginning of 2001, a "realistic" Directive on port services and oppose limit to duration of concessions
(EU) EU/STATE AID: European Commission prepares new provisions for "aid to employment", while noting application of current "guidelines" does not raise particular problems
(EU) EU/STATE AID: Commission invites Sweden to modify its system for reducing social contributions in northern Sweden
(EU) EU/STATE AID: Commission authorises Italian aid regime to research at pre-competition stage
(EU) EU/STATE AID: Commission notes that municipal subsidy for swimming pool does not constitute State aid
(EU) EU/SHIP BUILDING: Approval of aids in Italy, under scheme that will disappear at end of year
(EU) EU/JUSTICE/SOCIAL: Commission proposes common definition of trafficking in human beings and sexual exploitation of children in view of uniform penalties and cooperation among the Fifteen
(EU) EU/WOMEN/CHILDREN: Commission backs fight against violence towards women and children through 47 projects financed under "Daphne" programme
(EU) EU/FOOD SAFETY: Byrne asks Germany to withdraw products containing potentially dangerous materials
(EU) EP/EMPLOYMENT: Parliament wants more widespread knowledge of European strategy for employment at regional and local level
(EU) EU/EURODAC:
(EU) EU/COMMISSION REFORM: New appraisal and promotion system for senior officials
(EU) EU/COMMISSION: New allocation of human resources within the services
(EU) EU/AGRICULTURE:
ECONOMIC INTERPENETRATION
(EU) Telecommunications:
(EU) Telecommunications:
(EU) Heating:
(EU) Oil:
(EU) Gas:
(EU) Pharmacy:
(EU) Chemicals:
(EU) Brokering:
(EU) Services:
(EU) Information technology:
(EU) Air:
(EU) Press:
(EU) Luxury goods:
(EU) Agri-foods:
(EU) Telecommunications:
(EU) Real estate:
VALUE OF THE EURO IN DIFFERENT CURRENCIES 22/12/2000: