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Europe Daily Bulletin No. 8012

23 July 2001
Contents Publication in full By article 32 / 35
ECONOMIC INTERPENETRATION / (eu) reinsurance

The world's largest reinsurance company, the German MUNICH RE gathered 90.1% of the capital in the German insurer ERGO in accordance with a friendly takeover that had been launched and which finished last Thursday. MUNICH RE already holds 62.9% of ERGO. MUNICH RE has announced last 1 April that it wanted to increase its controlling stake in ERGO from 62,9% to 95% through an offer to the small shareholders in this insurer on the basis of 2 ERGO shares for every MUNICH RE share plus EUR 18 in...

Contents

A LOOK BEHIND THE NEWS
Franz Fischler announces his intentions and a few guidelines to speed-up reform of CAP, so as to ens:
THE DAY IN POLITICS
(EU) EU/MIDDLE EAST: Solana currently in Middle East to launch second phase of Mitchell recommendations
(EU) EU/MACEDONIA: Countries of Central and Eastern Europe to apply visa ban affecting FYROM extremists
(EU) EU/G8: Genoa Summit does bring move forward but divergence remains over climate and missile shield project
(EU) EU/INDONESIA: Commission hopes that Indonesian political forces can maintain calm while respecting democratic principals
(EU) EU/FUTURE OF EUROPE: Roundtable with EU youths and accession candidate countries
(EU) EU/BELGIAN PRESIDENCY: Notre Europe underlines both dangers of debate over future of Europe and belgian art of mediation and compromise
(EU) EU/FUTURE OF EUROPE:
GENERAL NEWS
(EU) EU/CLIMATIC CHANGE: Kyoto Protocol saved in extremis by minimalist agreement wrestled in Bonn - Union triumphs modest success, which constitutes first step in fight against global warming
(EU) EU/ASIA: Programme of European Troika at ASEAN Forum
(EU) EU/AGRICULTURE: Agriculture Council holds first debate on financial aspects of reform of sheep and goat sector
(EU) EU/COMMISSION: Adoption on Wednesday of White Paper on Governance - No grand proposals for future of EU but interesting ideas for link with citizens and regions, and improvement of procedures
(EU) EU/FINANCIAL SERVICES: Further consultations on rules relating to own-funds for banks and investment companies
(EU) EU/TAX: Commission bases its proposal on tax on savings on legal basis that avoids EP co-decision
(EU) EU/COMPETITION: Commission does not see substantial improvement with car price differentials remaining high in the EU
(EU) EU/COMPETITION: Fiat and EDF bid for Montedison comes within Commission's scope of action
(EU) EU/COMPETITION: Commission allows British authorities to examine acquisition of Connex South Central by Go-Ahead and Keolis
(EU) EU/FINANCIAL MARKETS: Bond issuance in euro returns to "more normal" level in second quarter
(EU) EU/COMPETITION:
(EU) EUROPEAN OMBUDSMAN: After Ombudsman's speech, Council agrees to give Statewatch access to its documents
(EU) EU/INDIA: EU-India Round Table makes recommendations for EU/India Summit in November 2001
(EU) EU/BELGIAN PRESIDENCY:
(EU) EP/COMMITTEE OF THE REGIONS:
(EU) EU/FISHING: Europeche and Cogeca reproach Green paper on future of fisheries policy for painting an excessively dark picture of situation and for not taking socio-economic dimension into account
ECONOMIC INTERPENETRATION
(EU) Publishing:
(EU) Distribution:
(EU) Cosmetics:
(EU) Read to wear:
(EU) Catering:
(EU) Energy:
(EU) Insurance:
(EU) Reinsurance:
(EU) Banks:
WEEKLY SUPPLEMENT
European Library: No. 469
VALUE OF THE EURO IN DIFFERENT CURRENCIES 23/07/2001: