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Europe Daily Bulletin No. 8395

7 February 2003
Contents Publication in full By article 13 / 35
GENERAL NEWS / (eu) eu/ecb
ECB chooses status quo in climate of great uncertainty

Brussels, 06/02/2003 (Agence Europe) - During Thursday's meeting of its Governing Council, the European Central Bank (ECB) decided to keep its key rates unchanged. The minimum bid rate applied to the main refinancing operations stays at 2.75%. The marginal lending facility and the deposit facility remain at 3.75% and 1.75% respectively.

During a press conference, ECB President Wim Duisenberg explained that, according to the Governing Council, "overall, the current monetary policy stance...

Contents

A LOOK BEHIND THE NEWS
: The Commission is making a praiseworthy effort at defining the elements of a European industrial policy, but the problem of balance with other policies remains to be resolved
THE DAY IN POLITICS
(EU) EU/CONVENTION: First articles proposed by Praesidium open way to consolidated Union - Convention Members may submit amendments until 17 February
(EU) EU/IRAQ: No unanimous reaction to Colin Powell's address
(EU) EU/NATO/BALKANS: Talks continue on preparing EU mission in Macedonia
(EU) EU/COMMISSION/BENELUX:
(EU) EU/CONVENTION/ACADEMIA: AGORA network seminar on final Treaty provisions - The updated report raises a series of questions
GENERAL NEWS
(EU) EU/LISBON STRATEGY: Chirac, Schröder and Blair send letter to Simitis to make structural reform and modernisation of labour markets in Europe move forward - Anna Diamantopoulou expresses satisfaction
(EU) EU/SOCIAL: Commission approves its scoreboard on implementation of social agenda - main initiatives for 2003
(EU) EU/FISHERIES: Commission to adjust measures for rebuilding depleted cod stocks in order to take on board fishermen's worries
(EU) EU/ZIMBABWE: Coreper agreement on modalities for renewing sanctions will be subject to solution of Europe-Africa summit issue - Greek Presidency's approach to Mugabe
(EU) EU/ENERGY: EU oil stocks in the pink
(EU) EU/ECONOMY:
(EU) EU/ECB: ECB chooses status quo in climate of great uncertainty
(EU) EU/COMPETITION: Commission reactivates procedure regarding merger between American pharmaceuticals groups Pfizer and Pharmacia
(EU) EU/USA/GMO: According to Mr Fischler, USA will not immediately attack European embargo
(EU) EU/USA/WTO: Most senators opposed Bush administration draft to revise Byrd amendment
(EU) EU/EMPLOYERS/WTO: UNICE insists on liberalisation of services
(EU) EU/TRADE:
(EU) EU/PALESTINE: Commission supports OLAF decision to open external investigation into aid to Palestine
(EU) EU/EUROPOL: Court of Auditors report condemns poor Europol management - Europol explains that it has reformed its rules
(EU) EU/JUSTICE/WOMEN: Commission intends to renew Daphne programme to fight against violence against women
(EU) EU/TERRORISM/AL QAIDA:
(EU) EU/ASYLUM/EURODAC:
(EU) EU/COURT OF JUSTICE: In "golden shares" case, Advocate General Ruiz-Jarabo proposes to accept Commission action against United Kingdom but to reject that against Spain
(EU) EU/COMPETITION: Creation of investment bank between IntesaBCI and Lazard is approved
(EU) EP/AIR TRANSPORT/UNITED STATES:
(EU) EU/INTERNAL MARKET: Commission tackles question of special powers conferred upon Dutch State by KPN and TPG's Articles of Association
(EU) EU/INTERNAL MARKET: Infringement procedure against Italy regarding provisions on privatised companies
(EU) EU/STATE AID: French aid to combat water pollution is approved
(EU) EU/STATE AIDS: Commission investigates second rescue aid package to German aircraft manufacturer Fairchild Dornier
(EU) EU/STATE AID: Investigation into aid for Bavarian 'machinery rings'
(EU) EU/STATE AID: Green light to aid for CLYDEboyd (UK)
(EU) EU/MEDITERRANEAN: Euro find it hard establish itself in Mediterranean and Gulf - Commission publishes first balance sheet of the economic health of the region
(EU) EU/EDUCATION: Eurochambres requests European benchmarking
€ VALUE IN DIFFERENT CURRENCIES ON 06/02/2003: