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Europe Daily Bulletin No. 8431

28 March 2003
Contents Publication in full By article 42 / 46
ECONOMIC INTERPENETRATION / (eu) biotechnology

Swiss laboratory NOVARTIS is going to acquire 51% of the capital in the US company, IDENIX, which specialises in the development of hepatitis B treatment and anti-virals. NOVARTIS will pay USD 225 million in cash and more than USD one hundred million during the development of the new medicines by the company to obtain its stake.

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: