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Europe Daily Bulletin No. 8431

28 March 2003
Contents Publication in full By article 38 / 46
ECONOMIC INTERPENETRATION / (eu) insurance

In Italy the FIAT group has agreed to sell its TORO insurance company to the DE AGOSTINI publishing house for EUR 2.4 bn. This sale will allow FIAT to reduce its debt of EUR 1.4 bn. TORO is the fourth largest insurance company in Italy with a staff of 3000 and around EUR 5.2 bn in consolidated premiums and an operating income of EUR 147 millions in 2002.

Contents

A LOOK BEHIND THE NEWS
: initiative to create "circle of friends" around EU is positive but certain objectves have to be revised
THE DAY IN POLITICS
(EU) EU/CONVENTION/BUDGET: Commission proposes co-decision for EP on budgets, including on revenue, and one or more European taxes- Citizens already pay tax to Europe, but it is not identifiable, points out Michaele Schreyer
(EU) EU/CONVENTION: Federal dimension of Union still creates fears - new debate on possible reference to spiritual heritage
(EU) EP/IRAQ:
(EU) NATO/ENLARGEMENT:
(EU) EP: IRAQ: Parliament fails to take position on war in Iraq- partial victory for supporters of war
(EU) EP/CFSP: Reinforcing EU military capability
(EU) EP/HUMAN RIGHTS/Cambodia: Vacheahra Norodm's passport to freedom
(EU) EP/PES:
(EU) EP/ZIMBABWE:
(EU) EP/UNITED STATES/IRAQ:
(EU) EP/TOGO:
(EU) EU/UNITED STATES/UNITED KINGDOM:
(EU) EU/CONVENTION:
GENERAL NEWS
(EU) EP/ENLARGEMENT: Parliament confirms determination to defend its budgetary prerogatives - another trilogue is scheduled for Tuesday in Athens
(EU) EU/IRAQ/BUDGET 2003: Agreement between Parliament and Council on emergency humanitarian aid for Iraqi people
(EU) EU/TELECOMMUNICATIONS COUNCIL: Fifteen agree on commercial use of public sector documents and on "Modinis" programme
(EU) EU/TRANSPORT COUNCIL: Political agreement to speed up phasing out of single hull tankers and to ban heavy fuel transport by single hull oil tankers
(EU) EU/WTO/USA/STEEL: USA ready to appeal
(EU) EU/ASEAN: Pascal Lamy in Laos for meeting of ASEAN Economy Ministers
(EU) EU/COMPETITION: Commission launches consultation to see if exemption for maritime sector can be extended
(EU) EU/BALKANS: 2003 report's conclusions on South East Europe - Commission may soon launch feasability study on stabilisation and association agreement with Bosnia-Herzegovina
(EU) EU/ASYLUM: Amnesty International denounces British reform proposal on asylum rights as being against international conventions
(EU) EP/CROATIA:
(EU) EP/INTERNAL MARKET: Frits Bolkestein announces new VAT and company law proposals - concerns at EP over "Lamfalussy process" and "Basel II" agreements
(EU) EP/MEP STATUS:
(EU) EP/SPORT:
(EU) EU/AGRICULTURE: Court of Auditors suggests complete review of pre-financing of export refunds
(EU) EU/AGRICULTURE: Fischler recalls CAP reform proposals would make it possible to save EUR 337 million in 2006
(EU) EU/CAP/FOOD AND DRINK INDUSTRY:
(EU) EU/COMPETITION: Commission does not intend to lower amount of fine imposed on WestLB
(EU) EU/EMPLOYMENT: Recommendations of European Anti-Poverty Network for revised guidelines on employment
(EU) EU/EESC/SLOVENIA: Briesch announces arrival of 7 Slovenian representatives as of accession
ECONOMIC INTERPENETRATION
(EU) Postal services:
(EU) Airlines:
(EU) Energy:
(EU) Finance:
(EU) Insurance:
(EU) Banking:
(EU) Leasing:
(EU) Health:
(EU) Biotechnology:
(EU) Biotechnology:
(EU) Telecommunications:
(EU) Brewing:
€ VALUE IN DIFFERENT CURRENCIES ON 27/03/2003: