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Europe Daily Bulletin No. 7899

9 February 2001
Contents Publication in full By article 39 / 56
ECONOMIC INTERPENETRATION / (eu) banks

The Belgian insurance banking group KBC has gained a larger stake in the share capital of the Hungarian bank K&H - KERESKEDEMI ES HITELBANK, of which it already held 73%, by acquiring the shares held by IRISH LIFE (17.9%) and the Portuguese group BANCO ESPIRITO SANTO (7.33%). With this move, the value of which was not revealed, KBC will hold 98.5% of the bank's shares.

Contents

A LOOK BEHIND THE NEWS
: Some thoughts on the future of the Cohesion Policy and the future of the Structural Funds - Outcome of post-Nice will be defining
THE DAY IN POLITICS
(EU) EU/SECURITY: Speaking at the meeting in New York on peace-building, Solana places emphasis on cooperation with UN
(EU) EU/BALKANS: Troika confirms EU expectations of new Yugoslav leaders
(EU) EU/ALBANIA: Solana visits
(EU) EU/FORMER USSR:
(EU) EU/EUROPEAN MOVEMENT: Speaking before Basque Country European Movement, Virgilio Dastoli calls for European Constitution
(EU) EP/POST-NICE:
(EU) EU/FRANCE/GERMANY:
(EU) EU/FRY:
(EU) NICE SUMMIT/SPAIN:
GENERAL NEWS
(EU) EU/JUSTICE/HOME AFFAIRS: In order to make their work more effective, Ministers will concentrate their works on true priorities: asylum-immigration, temporary protection and fight against organised crime
(EU) EU/BUDGET/BSE: Fifteen to accept draft supplementary amending budget on Monday, for BSE crisis
(EU) EU/AGRICULTURE:
(EU) EU/WTO:
(EU) EU/ENVIRONMENT: Commission defines strategy for integrated product policy to encourage production and consumer demand for green products
(EU) EMU/UNITED KINGDOM:
(EU) EU/MAD COW: The Veterinary Committee approves measures regarding removal of vertebral column and ban on mechanically recovered meat - To decide later on what to do with animal fats
(EU) EU/ENVIRONMENT: Go-ahead from Scientific Committee on Plants to new variety of genetically modified oilseed rape
(EU) EU/EIB: Philippe Maystadt puts knowledge and innovation Europe in sights of EIB activities - Significant reforms by Bank during 2000
(EU) EP/MEDITERRANEAN: On opening of second session of Euro-Mediterranean parliamentary forum, emphasis placed on Middle East
(EU) EU/EIB: EIB grants new loan to Syria
(EU) EU/TURKEY/INDUSTRY:
(EU) EU/TRANSPORT: Next week Commission should present Directive on allocation of port services markets
(EU) EU/MARITIME TRANSPORT: Commission proposes Directive on simplification of reporting formalities in ports
(EU) EU/UNITED STATES: In trade disputes with Europeans Zoellick favours path of resolution
(EU) EU/BANANAS: In Geneva, all banana supplier countries dispute EU's new import regime
(EU) EP/MERCOSUR/CHILE: Marset Campos and Salafranca reports call for negotiation briefs to be changed to allow future free trade agreements to be concluded before end of new WTO round
(EU) EU/WTO:
(EU) EP/FEBRUARY SESSION: Mr Prodi presents Commission programme - Preparation for Stockholm Summit, follow-up to Nice - Turkish accession to EU - EIB report, in presence of Mr Maystadt
(EU) EP/FRY: Visit by EP delegation headed by Doris Pack, to assess assistance needs
(EU) EP/EUROJUST:
(EU) EU/COURT OF JUSTICE: Controls for "over fishing" in France, Convention on Danube and quarrels of opticians and ophthalmologists in Belgium
(EU) EU/COURT OF JUSTICE: An employer must inform employee of his obligation to carry out overtime
ECONOMIC INTERPENETRATION
(EU) Mergers-acquisitions:
(EU) Spirits:
(EU) Agri-foods:
(EU) Agri-foods:
(EU) Banks:
(EU) Banks:
(EU) Advertising:
(EU) Luxury goods:
(EU) Aeronautics equipment:
(EU) Luxury:
(EU) Stock market:
(EU) Banking:
(EU) Banking:
(EU) Banking:
(EU) Leisure:
(EU) Audiovisual:
(EU) Tobacco:
(EU) Agri-food:
(EU) Retailing:
(EU) Retailing:
(EU) Airlines:
(EU) Airlines:
VALUE OF THE EURO IN DIFFERENT CURRENCIES 08/02/2001: