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Europe Daily Bulletin No. 8644

13 February 2004
Contents Publication in full By article 30 / 33
ECONOMIC INTERPENETRATION / (eu) electronics

Singapore company ST ASSEMBLY (equipment for semi-conductors) and its US competitor CHIPAC are going to merge in an operation that has been valued at USD 1.6 bn, making it number two in the sector. ST ASSEMBLY will hold 54% of the capital in the new company s opposed to 46% by CHIPAC. The combined turnover of the two groups will be more than USD 1 bn in 2004.

Contents

A LOOK BEHIND THE NEWS
: Commission document on financial framework for 2007-13 is more draft and message than budgetary programme
THE DAY IN POLITICS
(EU) EP/COMMISSION/GREEK ELECTIONS: Anna Diamantopoulou to head Pasok list for elections on 7 March and be replaced at Commission by Margot Wallström during electoral campaign
(EU) EP/FUTURE OF EUROPE/EUROPEAN ELECTIONS: Spinelli Group hopes to make euro zone the Union's driving force - Antonio Vitorino may be PES candidate for Commission Presidency
(EU) EP/EPP: Hans-Gert Pöttering lays out terrain for large Conservative party open to Eurosceptics and nationalists - deep unease among some Christian Democrats and centrists loyal to ideas of founding fathers
(EU) NATO/EU: Joint meeting on 16 February
(EU) EU/CONGO: DRC can count on EU support to continue transition to democratic elections - Joseph Kabila invites Romano Prodi to DRC
GENERAL NEWS
(EU) EU/COHESION/REGIONAL POLICY: Commissioner Barnier presents Committee of the Regions with broad lines of cohesion report to be adopted on 18 February
(EU) EU/DEVELOPMENT: Commission proposes global EU action plan to help LDCs deal with fluctuations on world cotton commodities markets
(EU) EU/WTO: EU continues talks on relaunch of Doha Development Agenda - Mr Lamy, Mr Nielson and Mr Zoellick in Mombassa
(EU) EP/SERVICES OF GENERAL INTEREST: Herzog expresses concern about "Monti package" on financial compensation (expected 18 February) and asks Commission if it wants "legal act in codecision"
(EU) EP/PARMALAT AFFAIR: Following scandal, EP insists on action plan for modernising corporate rights - long term solution will be single supervisory financial control authority in Europe - EP highlights need for more transparency and social diversification, Northern League wants commission of enquiry
(EU) EU/FISHERIES: EP supports Council position on hake stocks
(EU) EP/AGRICULTURE: EP criticises contrary effects of CAP reform
(EU) EP/JHA: Irish presidency and Commission results are mixed - MEPs worried about refugees, illegal immigration, criminality and transfer of personal data
(EU) EU/JHA: "G5" ministers of the interior meeting 16-17 February
(EU) EU/COMPETITION: Commission supports consolidation of air sector with green light to merger between KLM and Air FRANCE
(EU) EP/UNITED STATES:
(EU) EU/CHINA: Agreement on simplified procedures for tourist visas
(EU) EU/THIRD COUNTRIES/WINE: Italy calls on Commission to renounce changes envisaged to regulation on names of wines - Discussion at Agriculture Council on 24 February?
(EU) EP/OMBUDSMAN/TOBACCO: Ombudsman criticises EP's inaction
(EU) EU/CONSUMERS: Commission publishes summary of alerts on dangerous products it has received from Member States
(EU) EU/COURT OF FIRST INSTANCE/COURT: Land of Upper-Austria attacks Commission's refusal to ban temporary use of GMOs on its territory
ECONOMIC INTERPENETRATION
(EU) Media:
(EU) Media:
(EU) Equipment:
(EU) Plastics:
(EU) Chemicals:
(EU) Engineering:
(EU) Engineering:
(EU) Electronics:
(EU) Computers:
(EU) Banking:
€ VALUE IN DIFFERENT CURRENCIES ON 12/02/2004: