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Europe Daily Bulletin No. 8349

28 November 2002
Contents Publication in full By article 50 / 55
ECONOMIC INTERPENETRATION / (eu) insurance

The German group GERLING has sold GERLING GLOBAL RE (5.7 bn euro in premiums in 2001 for losses estimated at between 400 and 450 million euro with a workforce of some 1000 people), its reinsurance business, to a consortium of investors called LAGO ACHTE for 200 million euro. The reinsurance business represents 43% of GERLING's global turnover.

Contents

A LOOK BEHIND THE NEWS
: Michel Barnier predicts essential content of European Commission paper to be presented to the Convention next Thursday
THE DAY IN POLITICS
(EU) EU/TURKEY/CYPRUS: According to Verheugen, a "large majority" of Member states want Turkey in - The UN plan for Cyprus is an "opportunity that will never present itself again"
(EU) EU/TURKEY/CYPRUS:
(EU) EP/TURKEY/CYPRUS:
(EU) EU/PALESTINE/WOMEN: Anna Diamantopoulou and Hanan Ashrawi underpin importance of role of women in civil society and peace process in Middle East
(EU) EU/UNITED STATES/TERRORISM: Aufhauser would like less ambiguity concerning Hamas
(EU) EU/DEFENCE/BALKANS:
(EU) EU/EUROPEAN COUNCIL/EPP: Enlargement (and Turkey) at centre of EPP Summit in Copenhagen
(EU) EP/CONVENTION/CFSP: John Cushnahan calls for Union Secretary of Foreign Affairs
(EU) EP/CONVENTION/EUROPEAN IDENTITY: Mr Haenel makes proposal on humanistic and religious heritage and linguistic and cultural diversity
(EU) EU/KENYA: EU to observe Presidential, Parliamentary and Civic Elections in Kenya
(EU) EU/BALKANS: Javier Solana pleased with situation in Mitrovica
(EU) EU/PAKISTAN: EU congratulates new Prime Minister
(EU) EU/ECUADOR:
(EU) EU/CONVENTION/CHURCHES:
GENERAL NEWS
(EU) EU/STABILITY PACT: Commission intends to toughen up debt and budgetary deficit criteria by giving more room for manoeuvre to "virtuous" countries
(EU) EU/TAXATION: Commission present report to Ecofin Council on negotiations with third countries on savings tax
(EU) EU/WTO: Commission criticises US proposals
(EU) EU/ENLARGEMENT: Danish Presidency defends its "packages" against criticism from Member States and candidate states - Additional cost EUR 1.3 billion net
(EU) EU/TURKEY/SOCIAL:
(EU) EU/FISHERIES: Commission proposes 80% reduction of cod, haddock and whiting catches - only solution if moratorium is to be avoided
(EU) EU/ECONOMY/STATISTICS:
(EU) EU/STATE AID:
(EU) EP/RELIGIOUS FREEDOM:
(EU) EU/FISHERIES: End of trilateral consultations on reform of Common Fisheries Policy
(EU) EU/SINKING OF "PRESTIGE":
(EU) EU/COMPETITION: Commission imposes heavy penalties on plasterboard cartel
(EU) EU/COMPETITION: Aventis and Merck found guilty of methylglucamine cartel
(EU) EU/HUMANITARIAN AID: Nielson concerned by closure of a Chechen camp in Ingushetia
(EU) EU/IMMIGRATION: Signing with Hong Kong of first readmission agreement
(EU) EU/ECUADOR:
(EU) EU/TERRORISM/AL QAEDA:
(EU) EU/PALESTINE/PAEAC:
(EU) EU/COMPETITIVENESS COUNCIL: Extreme Council caution on use of open co-ordination method for European research area
(EU) EU/ENERGY COUNCIL: Draft directive on cogeneration
(EU) COMPETITIVENESS COUNCIL/CORRIGENDUM:
(EU) EU/ENLARGEMENT/AGRICULTURE: Commission entrusts Hungary with managing Sapard aid
(EU) EU/FISHERIES: Rise in guiding prices for fish products for fifth consecutive year
(EU) EU/FISHERIES: Professionals express concern about upcoming Commission proposals on TAC and quotas
(EU) EP/STATE AID: Adoption of report on 2001 scoreboard on state aid
(EU) EP/SOCIAL: Extension of social security benefits to third country nationals
(EU) EU/REGIONS: General Assemblies of AER in Naples and Eurocities in Barcelona - conferences on the convention in Lille and Besançon
(EU) EP/IMMIGRATION:
(EU) EP/CULTURE:
ECONOMIC INTERPENETRATION
(EU) Investments:
(EU) Energy:
(EU) Environment:
(EU) Packaging:
(EU) Agri-food:
(EU) Insurance:
(EU) Insurance:
(EU) Banking:
(EU) Banking:
(EU) Banking:
€ VALUE IN DIFFERENT CURRENCIES ON 27/11/2002: