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Europe Daily Bulletin No. 7903

15 February 2001
Contents Publication in full By article 32 / 41
ECONOMIC INTERPENETRATION / (eu) banking

The two German cooperative banks DG BANK (total balance sheet of 243 bn euro end-1999 with 12,600 employees) and GZ-BANK (balance sheet of 68 bn euro end-February 2000 with 2,300 employees) have signed a letter of intent in view of a merger. The plan could take in WGZ BANK. A three-way merger would give rise to an entity with a balance sheet of 360 bn euro, with over 15,000 collaborators.

Contents

A LOOK BEHIND THE NEWS
: Concerning a certain British logic (regarding the euro)
:
THE DAY IN POLITICS
(EU) EU/ISRAEL: EU calls on Israel to put an end to summary executions of Palestinians
(EU) EU/RUSSIA: Informal ministerial visit to Moscow and Kaliningrad
(EU) EU/MOLDOVA: EU troika and Mr Solana insist on continuation of reforms and peaceful settlement on conflict in Transnistria
(EU) EP/FRY/KOSOVO: Emergency aid programme is well used, feels ad hoc delegation lead by Mrs Pack
(EU) EU/SWEDISH PRESIDENCY: On 26 February start of tour of capitals in view of Stockholm Summit - March initiatives on future of Union
(EU) EP/POST NICE: Richard Corbett, for whom post Nice is "a branch to be grabbed", suggests holding regional and national hearings in 2002 and Convention in 2004, while a "Charter of competences" appears to him to be a "unnecessary protection"
GENERAL NEWS
(EU) EU/TRANSPORT: Commission proposes directive to ensure transparency of port services markets
(EU) EU/FOOD SAFETY: Scientific Steering Committee reaffirms that risk of contamination of BSE by sheep cannot be ruled out even if no case of mad sheep has so far been detected
(EU) EU/ENVIRONMENT/INDUSTRY: White Paper on future strategy in chemicals sector lays foundations for rigorous product risk assessment policy, guided by precautionary principle
(EU) EU/EMPLOYMENT/TELECOMMUNICATIONS: The Fifteen tackle the "skills gap" in information technology sector
(EU) EU/AUTOMOBILE: Commission closes debate on future regime applicable to automobile distribution
(EU) EP/TURKEY: Parliament calls for transfer of funds under heading "pre-accession aid" to Turkey and extension of ISPA and SAPARD instruments to this country
(EU) EP/EMU/IRELAND: Pat Cox considers Ecofin Council criticism of Irish budgetary policy is not justified
(EU) EP/MARITIME TRANSPORT:
(EU) EP/INTERNAL MARKET: EP modifies common position on copyright in digital era, by remaining in-line with Council
(EU) EP/SOCIAL:
(EU) EP/ENVIRONMENT: Parliament approves new regulation on voluntary dissemination of genetically modified organisms
(EU) EP/FISHERIES:
(EU) EU/SPORT: "World of football" and European Commission have consolidated points of agreement on football player transfer system and confirmed political undertaking to close dossier before end of month
(EU) EU/SPORT: Debate on future of Europe should also cover place of sport in EU - Problems of World Anti-doping Agency
(EU) COURT OF FIRST INSTANCE: Rejection of appeal by Portuguese bull breeders again raises question of citizens' access to European justice
(EU) EP/BIOETHICS:
(EU) EU/INTERNATIONAL TRADE: Pascal Lamy begins his Asian tour in Seoul
(EU) EU/OECD: OECD welcomes effort to open EU up to outside competition
(EU) EU/FINANCIAL MARKET:
(EU) EU/WTO:
(EU) EU/NORTHERN DIMENSION/WEBSITE:
ECONOMIC INTERPENETRATION
(EU) Privatization:
(EU) Banking:
(EU) Banking:
(EU) Hotels:
(EU) Internet:
(EU) Telecommunications:
(EU) Energy:
(EU) Tyres:
(EU) Tableware:
(EU) Building material:
(EU) Biotechnology:
VALUE OF THE EURO IN DIFFERENT CURRENCIES 14/02/2001: