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Europe Daily Bulletin No. 8594

28 November 2003
Contents Publication in full By article 46 / 49
ECONOMIC INTERPENETRATION / (eu) music

A group of investors led by businessman Edgar Bronfman Jr has acquired WARNER MUSIC (turnover of 4.2 billion dollars in 2002), the musical division of American giant TIME WARNER, which seemed promised to EMI. Together, LEXA PARTNERS (Bronfman's company), THOMAS LEE PARTNERS, BAIN CAPITAL and PROVIDENCE EQUITY PARTNERS will pay 2.6 billion dollars cash. The agreement relates to musical recording activities (WARNER BROS., ATLANTIC, ELEKTRA, et al), and also its publishing (WARNER/CHAPPELL)....

Contents

A LOOK BEHIND THE NEWS
: The Debate on services of general interest taken up again in Parliament
THE DAY IN POLITICS
(EU) EU/IGC: On eve of Naples conclave Tremonti still reclaims strengthening of Ecofin powers - Commission demands respect for balance found by Convention for EU funding
(EU) EU/GEORGIA: Union ready to work with new leaders
(EU) EU/ENLARGEMENT:
(EU) EU/SWITZERLAND:
(EU) EUROPEAN DEFENCE/NATO/UNITED STATES: Lord Robertson warns EU against trying to rival NATO or United States
(EU) WEU: Armand De Decker to be next President of WEU Assembly
(EU) EU/CFSP:
(EU) EU/CFSP:
GENERAL NEWS
(EU) EU/COMPETITIVENESS: Council adopts agreement on lighter take-overs directive by unanimity, against the recommendation of Commission but with support of EP
(EU) EU/COMPETITIVENESS: Council approves by unanimity political agreement on "merger" ruling"
(EU) EU/COMPETITIVENESS: Still no agreement on patent
(EU) EU/PUBLIC SERVICE: Commission plans to present guidelines and White Paper on services of general interest in 2004
(EU) EU/JHA COUNCIL: Political agreement on sanctions for drug trafficking - personal consumption is excluded from field of application - Dutch exception is preserved but could change
(EU) EU/JHA COUNCIL: Common rules are adopted on parental responsibility - Still no agreement on enforceable instrument - Inventory for arrest warrant
(EU) EU/JHA COUNCIL: Asylum issues are postponed till 2004 - Agreements on borders
(EU) EU/INDIA: Fourth EU-India Summit
(EU) EU/WTO: Union makes its luggage lighter but does not change course
(EU) EP/GLOBALISATION: Forum to prepare Social Democrats' response to challenges of globalisation get underway
(EU) EU/FREE CIRCULATION: Commission decides to bring in passport for pets travelling with their owners within the Union
(EU) EU/COMPETITION:
(EU) EU/STABILITY PACT: Schröder announces that Germany will refuse to increase contribution to EU budget after 2006
(EU) EP/STABILITY PACT: Ecofin Council's decision a "premeditated crime", says Mr Bourlanges, openly criticising Paris and Berlin
(EU) EU/COMMISSION: Awareness campaign on possibilities for staff training since launch of reform
(EU) FISHERIES/MEDITERRANEAN: Venice ministerial conference confirms desire of neighbouring countries to better protect resources, fight against illegal activities and reflect on implementation of protected zones
(EU) EU/AGRICULTURE/WTO: Mr Fischler to plead for relaunch of agricultural negotiations at Monday's FAO conference in Rome
(EU) EU/ENERGY: Commission, Poland and Ukraine support extension of Odessa-Brody pipeline to POLAND
(EU) EU/IMMIGRATION: Adoption of Directive on transit between member states of persons expelled by plane
(EU) EU/EUROPOL: Cooperation agreement signed between Europol and Romania
(EU) EU/EUROMED: Last meeting of the EuroMediterranean Parliamentary Forum before transformation into joint parliamentary assembly
(EU) EP/DRUGS:
(EU) EU/ENLARGEMENT: Mr Verheugen refutes concerns over enlargement, 'without which European integration would be incomplete'
(EU) EP/LATVIA: Visit by Mrs Schroedter to Riga in view of first EP report on monitoring of acceding countries
(EU) EU/COURT OF JUSTICE: Conclusions from Advocate General Stix-Hackl in case concerning deposit-guarantee schemes
(EU) EU/COMMITTEE OF THE REGIONS: Balance sheet of 52nd plenary session of Committee of the Regions - services of general interest, European citizenship, social protection, SMEs
(EU) EU/BUDGET 2004: Commission committed to guarantee funding for urban info points and rural information centres
(EU) EU/EIB: EIB loans for Mulhouse and Valenciennes tramways
ECONOMIC INTERPENETRATION
(EU) Investments:
(EU) Energy:
(EU) Electronics:
(EU) Digital imaging:
(EU) Aeronauticals:
(EU) Capital goods:
(EU) Banks:
(EU) Logistics:
(EU) Music:
(EU) Electricity:
SUPPLEMENT
“EUROPE”/DOCUMENTS No. 2341: Intergovernmental Conference: Explanatory note by Franco Frattini for conclave in Naples
€ VALUE IN DIFFERENT CURRENCIES ON 27/11/2003: