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Europe Daily Bulletin No. 8481

13 June 2003
Contents Publication in full By article 40 / 49
ECONOMIC INTERPENETRATION / (eu) banking

RBOS - ROYAL BANK OF SCOTLAND has taken over CHURCHILL INSURANCE GROUP (total of £1.6 bn gross premiums, pre-tax profits of £ 86 million in 2002 with a staff of 8500), third largest insurance insurer in the UK from CREDIT SUISSE, for £ 1 bn.

Contents

A LOOK BEHIND THE NEWS
: Some proof of EUROPE's economic progress
THE DAY IN POLITICS
(EU) EU/CONVENTION: National and European parliamentarians submit series of amendments to praesidium - 18 countries refuse automatic passage to qualified majority in 2009
(EU) EU/CONVENTION/EUROPEAN MOVEMENT: According to MEI, Constitution should enter into force even without ratification by some Member States
(EU) EU/CFSP: launch of Artemis operation in Democratic Republic of Congo
(EU) EP/COSAC/WEU: Dinos Vrettos suggests permanent link between COSAC and WEU Assembly
(EU) EP/ITALIAN PRESIDENCY:
(EU) EP/ALGERIA:
(EU) EP/NIGERIA:
(EU) EP/CHECHNYA:
(EU) EP/AFGHANISTAN:
GENERAL NEWS
(EU) EU/AGRICULTURE: Next Presidency compromise on CAP reform should be based on Franco-German suggestions leading to agreement
(EU) EU/FOOD SAFETY: Council political agreement on new measures to combat foot and mouth disease
(EU) EU/TRADE/AGRICULTURE: Lamy hails launch of ORIGIN
(EU) EU/FISH: Council notes that more work is needed before agreement can be reached on Irish Box issue
(EU) EU/AGRICULTURE:
(EU) EP/ECB: Duisenberg assures there is no risk of inflation - ECB to be included among Union "institutions" and to be "external voice" of euro zone - Too soon to speculate on new cut in interest rates
(EU) EU/EMU: ECB sharply cuts growth forecasts
(EU) EU/COMPANY LAW: Directive simplifying company reporting rules is adopted
(EU) EU/GALILEO: Appointment of Galileo Executive Director
(EU) EU/ITALIAN PRESIDENCY: Giulio Tremonti assures Italian Presidency's Action Plan for promoting investment in transport will not make deficit worse
(EU) EU/STATE AID: Partial Yes to aid for Volkswagen
(EU) EU/WTO/SHIPYARDS: South Korea is soon expected to file complaint against European sectoral aid
(EU) EU/ENVIRONMENT: Commission launches strategy to reduce diseases linked to environmental factors - priority on child health
(EU) EU/FOOD: Commission authorises market approval for two new food ingredients under Novel Food Regulation
(EU) EU/FISHERIES: Go-ahead for two British aid schemes to reduce cod and salmon fishing
(EU) EU/TRADE DEFENCE: Anti-dumping/anti-subsidy procedure closed for Norwegian, Chilean and Faroe Island farmed Atlantic salmon
(EU) EP/WOMEN: Parliament calls on Convention to provide legal basis for sport in future EU treaty including equal access for men and women to practicising sport
(EU) EP/MEDICAL MECHANISMS: For a new classification
(EU) EP/SOCIAL:
(EU) EP/JHA: Parliament encourages third country nationals to come to EU after their studies, vocational training or voluntary service
(EU) EP/IMMIGRATION:
(EU) EP/COURT OF JUSTICE:
(EU) EP/RESEARCH:
(EU) EU/COUNCIL/CULTURE:
(EU) EP/ENVIRONMENT: Tighter limits on shipping fuel sulphur content
(EU) EU/COURT OF JUSTICE: Greek student wins annulment of EU court ruling which failed to recognise his right to gain access to European Central Bank documents
(EU) EU/EIB: EUR 500 million loan to modernise Spain's rail infrastructure
ECONOMIC INTERPENETRATION
(EU) Investment:
(EU) Privatisation:
(EU) Banking:
(EU) Agro-foods:
(EU) Packing:
(EU) Distribution:
(EU) Distribution:
(EU) Telecommunications:
(EU) Telecommunications:
(EU) Energy:
(EU) Tobacco:
€ VALUE IN DIFFERENT CURRENCIES ON 121/06/2003: