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Europe Daily Bulletin No. 7964

14 May 2001
Contents Publication in full By article 36 / 39
ECONOMIC INTERPENETRATION / (eu) computer technology

America's COMPAQ has announced that it would not increase its bid for the American Internet services company PROXICOM ($207 million turnover in 2000), leaving the path free to the British firm DIMENSION DATA HOLDINGS. COMPAQ had made a $266 million bid on 26 April (or $5.75 a share) for the company but DIMENSION DATA had over-bid it with $347 million (or $7.50 a share).

Contents

A LOOK BEHIND THE NEWS
: Divergence over take-over bids infers different understandings of important aspects of European economic and social policy
THE DAY IN POLITICS
(EU) EU/GENERAL AFFAIRS COUNCIL/BALKANS: Concern for southern Serbia - European Union appeals for stability and cooperation in Macedonia and Montenegro
(EU) EU/FRANCE/GERMANY:
(EU) EU/DEFENCE: Defence Ministers agree over exercise programme that will enable to test European crisis management instrument
(EU) ITALY/GENERAL ELECTIONS: Towards clear victory of Centre Right
(EU) EU/ITALY: First comments on Italian elections
(EU) EU/FUTURE OF EUROPE/COMMISSION: Schroeder is going in right direction, says Prodi, while criticizing his proposals for Council
(EU) EP/BERLUSCONI AFFAIR: Fontaine believes her cautionary stance to be vindicated by State Council
(EU) EU/INTERNATIONAL CRIMINAL COURT: EU welcomes ratification by Andorra
GENERAL NEWS
(EU) EU/KOREA: Union will establish diplomatic relations with North Korea - details remain to be defined
(EU) EU/ENLARGEMENT: Spain prevents adoption of common position on free movement of persons - No official link with future regional policy, but all points towards a "comprehensive solution" having to be found in Gothenburg
(EU) EU/CROATIA: Croatia sees in initialling of Association Agreement as first step towards EU accession
(EU) EU/BALKANS: Positive assessment by Mr Hombach over "quick start" projects
(EU) EU/COMMISSION:
(EU) EU/UN/DEVELOPMENT: Failure of first two action plans widely criticised at opening of third United Nations Conference on LDC (Brussels, 14-20 May)
(EU) EU/ENERGY COUNCIL: Council urged to focus on three means of reducing EU dependence on imports
(EU) EU/ENERGY COUNCIL: Issue of liberalization of gas and electricity markets unresolved
(EU) EU/INDUSTRY: Council supports strategy for combating South Korean dumping in shipbuilding sector
(EU) EU/COMPETITION: Commission unconditionally approves acquisition by Industri Kapital of Perstop AB activities in chemical sector
(EU) EU/FINANCIAL MARKETS: Commission hands EP core outlines of first Directives taken in implementation of Lamfalussy report (prospectus and market abuse)
(EU) EU/CHINA: Commission must adopt communication on redefining EU/China relations
(EU) EU/ENLARGEMENT: Fifteen and candidate countries press for comprehensive negotiation round at WTO
(EU) EU/MEDITERRANEAN: First - informal - meeting of trade ministers to seek to give body to project for Mediterranean multilateral free trade area
(EU) EU/TRADE UNIONS/LDC: Emilio Gabaglio warns against growing deterioration of living and working conditions in less developed countries
(EU) DEVELOPMENT/ENVIRONMENT:
(EU) EU/AGERIA: 9th round of talks for association agreement
(EU) EU/EGYPT: Ensuring coherence of association agreement and country's programme for economic reform
(EU) EU/ENVIRONMENT: Commission proposes gradual introduction of zero sulphur fuels
(EU) EU/COMPETITION: Commission takes three positive decisions
ECONOMIC INTERPENETRATION
(EU) Heating:
(EU) Logistics:
(EU) Banking:
(EU) Insurance:
(EU) Telecommunications:
(EU) Telecommunications:
(EU) Computer technology:
(EU) Press:
WEEKLY SUPPLEMENT
European Library: N° 459
VALUE OF THE EURO IN DIFFERENT CURRENCIES 14/05/2001: