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Europe Daily Bulletin No. 8254

13 July 2002
Contents Publication in full By article 35 / 45
ECONOMIC INTERPENETRATION / (eu) insurance

In Belgium, the CMB shipping group have announced the sale of NAVIGA (EUR 104 million in premiums for 2001 with 700 brokers) its insurance department to the SMAP group - SOCIETE MUTUELLE DES ADMINISTRATIONS PUBLIQUES. The sales price is around EUR 108.9 million. In 2001, NAVIGA made losses of EUR 18 million compared to its profit of EUR 3.7 million in 2000.

Contents

A LOOK BEHIND THE NEWS
: A few more reasons why Europe is not popular with the public - Bank charges, Hitler on screen
THE DAY IN POLITICS
(EU) EU/CONVENTION: European Convention now has ten working groups - rough draft of structure for constitutional project should be available in the autumn
(EU) EU/CONVENTION: As for foreign affairs, Convention Members hope for development in effectiveness of defence policy - towards partial "communitarisation"
(EU) EU/YOUTH CONVENTION: Highly federalist conclusions - "Minority" critical declaration by 56 young people - Valéry Giscard d'Estaing would have preferred more "fresh air" at Youth Convention
(EU) EU/TURKEY: Romano Prodi and Günter Verheugen postpone visit to Turkey pending more stable political situation
(EU) EU/SPAIN/MOROCCO: Commission deplores occupation of Perejil island but is not involved at this stage in the dispute between Madrid and Rabat
(EU) EU/MIDDLE EAST: New York Quartet meeting on Tuesday
(EU) EP/IRAN: Parliamentary delegation to visit Iran 16-21 July
(EU) EP/SLOVAKIA: Mr Cox in Slovakia on Saturday
(EU) WEU/ESDP: Start of Portuguese presidency - Mr Bühler visits Lisbon
GENERAL NEWS
(EU) EU/SOCIAL AFFAIRS: Kolding Council stresses stakeholders must work together to combat social exclusion - Presidency unveils teleworking agreement to be signed by "social partners" on Tuesday
(EU) EU/EUROGROUP: Reassuring declaration adopted on respect of Stability Pact to mask divergences over public deficits - New proceedings against Portugal seem inevitable
(EU) EU/EUROGROUP: Eurozone finance ministers relatively optimistic about strength of economic recovery
(EU) EU/ECOFIN: Council outlines guidelines for applying the "Lamfalussy Method" in banking and insurance sector - other results
(EU) EU/ECOFIN: EU supports Danish Presidency's priorities
(EU) EU/ECONOMY: ECB calls on countries to respect stability pact
(EU) EU/TRADE: Pascal Lamy visits Australia and New Zealand
(EU) EU/USA/STEEL: The Commission considers new exemptions announced by the USA are insufficient
(EU) EU/SUSTAINABLE DEVELOPMENT: Candidate countries make commitment, like Member States, to halt disappearance of bio-diversity by 2010
(EU) EU/TAXATION: Commission brings Belgium before Court of Justice for its application of a tax on stock market operations
(EU) EU/TAXATION: Commission asks Greece to change its practices on car tax
(EU) EU/USA:
(EU) EU/AGRICULTURE COUNCIL: Public debate on mid-term review of CAP, modification of rice and cereal import regime, situation of MPA hormone affair and zoonoses on Council agenda on Monday
(EU) EU/BSE: Commission still awaits French response to reasoned opinion concerning embargo on British beef
(EU) EP/ROMANIA:
(EU) EU/AGRICULTURE: Agricultural organisations disappointed but environmental and consumer organisations happy with draft mid-term review of CAP
(EU) EP/FOOD SECURITY: Green/EFA group wants six radical measures adopted to guarantee EU food safety
(EU) EU/SOCIAL: Commission adopts communication on financial participation of workers in companies
(EU) EU/REGIONS/ARC ATLANTIC:
(EU) EU/EIB:
(EU) EU/EUROPEAN YEAR OF THE DISABLED: Commission launches drawing competition for the young
(EU) UE/TIMETABLE: Main European activities from 15 to 22 July 2002
:
ECONOMIC INTERPENETRATION
(EU) Logistics:
(EU) Insurance:
(EU) Cleaning:
(EU) Engineering:
(EU) Computers:
(EU) Telecommunications:
(EU) Energy:
(EU) Energy:
(EU) Pharmaceuticals:
(EU) Loyalty cards:
(EU) Banks:
€ VALUE IN DIFFERENT CURRENCIES ON 12/07/2002: