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Europe Daily Bulletin No. 8252

11 July 2002
Contents Publication in full By article 37 / 39
ECONOMIC INTERPENETRATION / (eu) luxury goods

French luxury goods company LVMH has raised its stake in FENDI (EUR 265 million turnover) by buying the 15.9% stake held by one of the Fendi sisters in Italian fashion house Fendi to 66.9%. The Fendi family will keep the remaining 33.1% stake. The deal is worth EUR 100 million.

Contents

THE DAY IN POLITICS
(EU) EU/YOUTH CONVENTION: After evoking origins of the Union, Reding, Giscard d'Estaing and Rocard call on young Convention members not to imitate their elders and to show proof of imagination
(EU) EU/CONVENTION: Commissioner Barnier against electing President of Council for five years, as proposed by France, United Kingdom and Spain
(EU) EP/CONVENTION: MEPs want COSAC strengthened rather than creation of second chamber for national parliaments
(EU) EU/FUTURE OF EUROPE: First conference of EU military academies on military dimension of European project
(EU) EU/FUTURE OF EUROPE: 57 young Europeans of 23 different nationalities search for "desirable Europe"
(EU) EU/EP/SPAIN: Ana Palacio appointed to Foreign Affairs
(EU) EU/AFRICA: EU gives support to African Union and to NEPAD
(EU) EU/CAUCASUS: MSF condemns transfer of Chechens and Russians
GENERAL NEWS
(EU) EU/AGRICULTURE: Commission proposes introducing new philosophy for direct aid and necessary adjustments in some sectors
(EU) EU/AGRICULTURE: MEPs give mixed reception to draft mid-term review of CAP - Deep reservations by EPP, Socialists and Greens oppose idea of "uncoupling" aid
(EU) EU/STEEL: Rise in Russian steel exports to the EU
(EU) EU/AUSTRALIA: Australian Prime Minister visits Commission
(EU) EU/NIGERIA: Nielson to be in Nigeria from 15-17 July to assess cooperation and sign aid programme of EUR 596 million
(EU) EP/HOME AFFAIRS: Mr Haarder wants "decisions to be taken" on asylum and immigration - Danish Presidency programme
(EU) EU/JUSTICE/POLICE: Lene Espersen presents Danish programme to Parliament - Denmark does not wish to make Europol a European FBI
(EU) EU/STATE AID: Commission begins investigation into compatibility of rendering system with Community law
(EU) EU/STATE AID: Tax breaks - Commission finds Åland preferential tax scheme incompatible
(EU) COMPETITION: Commission invites comments on draft revised insurance block exemption Regulation
(EU) EU/COMPETITION: Telecoms incumbents Telia (Sweden) and Sonera (Finland) merger gets go-ahead, subject to conditions
(EU) EU/COURT OF FIRST INSTANCE: Court cancels appointment of Fabrizio Barbaso as Deputy Director General at DG Agriculture
(EU) EU/COMPETITION: Fortis authorised to buy up Bernheim-Comofi
(EU) EU/TRADE PROTECTION: Anti-dumping measures for various countries
(EU) EU/TRADE UNIONS/DANISH Presidency: Emilio Gabaglio calls on Danish Presidency to make progress in social domain
(EU) EU/SOCIAL AFFAIRS:
(EU) EU/FOOD SAFETY:
(EU) EU/INDUSTRY: UNICE appeals for strong, competitive European manufacuring industry and political decisions
(EU) EU/TAXATION:
ECONOMIC INTERPENETRATION
(EU) Post:
(EU) Insurance:
(EU) Telecoms:
(EU) Telecoms:
(EU) Security:
(EU) Chemicals:
(EU) Para-pharmaceuticals:
(EU) Aviation:
(EU) Soft drinks:
(EU) Luxury goods:
(EU) e-commerce:
€ VALUE IN DIFFERENT CURRENCIES ON 10/07/2002: