login
login

Europe Daily Bulletin No. 8291

6 September 2002
Contents Publication in full By article 46 / 54
ECONOMIC INTERPENETRATION / (eu) financial services

The Swiss-Swedish ABB group has sold off STRUCTURED FINANCE, its "Company Finance" division to GE COMMERCIAL FINANCE, a GENERAL ELECTRIC subsidiary, for USD 2.3 bn. This deal will allow ABB reduce its debt, which stood at USD 5.2 bn at the end of June 2002. The division that has been sold includes its global infrastructure funding services, equipment leasing and project funding services. It employs 500 people in 11 countries.

Contents

THE DAY IN POLITICS
(EU) EP/CONVENTION: Alan Lamassoure says EU is condemned to create an executive, reforming the Commission cannot be done without, and European Council can no longer be the permanent pilot of the ship - Subsidiarity but also Community spirit
(EU) EPP/CONVENTION: Silvio Berlusconi invites heads of state and government to meeting in Sardinia on Monday
(EU) EU/CONVENTION: Presidium prepares plenary for 12-13 September and its follow-up work - work groups start up again
(EU) EU/MIDDLE EAST: Ariel Sharon's doubts on the European peace plan
(EU) EU/WOMEN: Anna Diamantopoulou in the Middle East
(EU) EP/AFGHANISTAN: Council and Commission welcome progress, but stress internal security problem - Controversy over allegations of war crimes
(EU) EP/SAKHAROV PRIZE: Greens support Grigory Pasko
(EU) EU/DEFENCE: Greek, Turkish and Polish staff to join Eurocorps
(EU) TERRORISM/OSCE:
GENERAL NEWS
(EU) EU/TURKEY: "Constructive" meeting between Commissioner Verheugen and foreign minister Sükrü Sina Gürel - Turkey puts forward timetable for implementing reforms
(EU) EU/BUDGET/ENLARGEMENT: Launch of negotiations over calculating future Member States' budget balances
(EU) EU/TAXATION: Commission due to adopt strategy for harmonising car tax
(EU) EU/KALININGRAD: Mr Putin might Boycott EU/Russia summit
(EU) EU/MADAGASCAR: Romano Prodi on official visit to Madagascar
(EU) EU/DANISH PRESIDENCY/ENLARGEMENT:
(EU) EU/DANISH PRESIDENCY/EMPLOYMENT:
(EU) EU/COMPETITION: Green light for merger Ernst & Young and Andersen in France
(EU) EU/COMPETITION: Mr Philip Lowe takes up the reins as Head of DG competition
(EU) EPP/SME:
(EU) EU/STATISTICS:
(EU) EU/PATENT: Commission calls for centralised jurisdiction on Community patents so case law may be developed first
(EU) EU/INTERNAL MARKET: Commission on-line consultation on regulation of UCITS depositories
(EU) EP/RESEARCH: Westendorp considers that, if Council confirms its compromise amending the agreement reached with Parliament on the framework programme for research, it will no longer be possible to trust it in future
(EU) EP/ENLARGEMENT/SWEDEN:
(EU) EP/ECONOMY: Left-right polemic on rejection of Randzio-Plath report on economic union - Philippe Herzog worried
(EU) EP/TRANSPORT: Reaction of air traffic controllers to vote in parliament for single European sky
(EU) EP/FOOD SAFETY: MPA food contamination: Commissioner Byrne and European Parliament stress lack of control on application of Community legislation on waste
(EU) EP/FLOODING: Parliament calls for emergency aid of one billion euros to be taken from budgetary margin of the 2002 financial period
(EU) EP/SOCIAL:
(EU) EP/TRANSPORT: Parliament approves fixing of minimum norms for pilots' flight and duty time
(EU) EP/TRANSPORT: Parliament votes for creation of Community framework for charges on noise emissions by civilian subsonic aircraft
(EU) EP/EMPLOYMENT: Parliament supports establishment of single legal text on aid to employment
(EU) EP/INTERNAL MARKET: Parliament adopts its position at first reading on Sales Promotion Regulation
(EU) EP/TAXATION: Support for broad lines of new programme to combat customs fraud
(EU) EP/SOCIAL:
(EU) EP/MIDDLE EAST:
(EU) EU/UNITED STATES/STEEL: EU blocks US's first request for arbitration against safeguard measures for steel
(EU) EU/ENERGY: Bendt Bendtsen argues in London, Berlin and Paris in favour of liberalising gas and electricity markets before end of the year
(EU) EU/TRADE DEFENCE: Five year extension of US anti-dumping duties for China, South Korea, Malaysia and Thailand - Anti-dumping duties for Singapore expire
(EU) EU/COMPETITION: Austrian banks appeal against Commission sanctions
(EU) EU/ECONOMY: Unemployment stable in Union during July
(EU) EU/EURO/GREECE:
(EU) OECD/TEACHING:
ECONOMIC INTERPENETRATION
(EU) Pharmaceuticals:
(EU) Industrial Gas:
(EU) Financial services:
(EU) Reinsurance:
(EU) Equipment:
(EU) Cellulose:
(EU) Media:
(EU) Sport:
(EU) Pharmaceuticals:
(EU) Electrical goods:
€ VALUE IN DIFFERENT CURRENCIES ON 05/09/2002: