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Europe Daily Bulletin No. 8704

12 May 2004
Contents Publication in full By article 33 / 37
ECONOMIC INTERPENETRATION / (eu) electricity

Finnish energy group FORTUM has put in a n offer of EUR 660 million for the purchase of a 53.7% stake held by Oslo council in the Norwegian electricity producer HAFSLUND.FORTUM, which already has a holding of 34.1% in the Norwegian concern, will then be launching a take-over bid for the rest of the capital.

Contents

A LOOK BEHIND THE NEWS
: How can one be unaware of reforms made to competition policy?
THE DAY IN POLITICS
(EU) EU/SPAIN: Zapatero affirms that Europe is "main priority and strategy for Spain"
(EU) EU/KOSOVO: Chris Patten warns that Kosovo should implement political standards unless it wanted to become a "pariah"
(EU) EU/MIDDLE EAST:
(EU) EP/SLOVAK REPUBLIC: Preferential voting system should not have much impact on European elections
(EU) EU/CHURCH/ELECTIONS: Catholic bishops encourage voters to turn out for European elections in June 2004
(EU) GERMANY/FRANCE:
GENERAL NEWS
(EU) EU/ECOFIN: European finance ministers grant Italy reprieve till July over warning about excessive deficit
(EU) EU/ECOFIN: Council closes excessive debt procedure against Portugal
(EU) EU/ECOFIN: Luxembourg calls for guarantees for banking secrets in context of negotiations on taxation and Schengen with Switzerland
(EU) EU/EUROGROUP: Council continues debate on accession by new Member States to European Exchange Rate Mechanism, while Commission opens procedure against 6 of 10 new members
(EU) EU/BUDGET 2004: Member States' contributions are reduced by EUR 5.47 billion, given budgetary surplus in 2003
(EU) EU/ENVIRONMENT: Greenpeace denounces use of wood from illegal timber traders at EU building sites
(EU) EU/INFORMATION SOCIETY: Broadband in Europe has the wind in its sails - Erkki Liikanen counting on competition to improve penetration
(EU) EU/WTO: Almost all Member States support EU's offer to relaunch Doha round
(EU) EU/AGRICULTURE: Fifteen divided on improvements to beef labelling system
(EU) EU/UNITED STATES: Mr Byrne calls upon United States to lift sanctions linked to EU's embargo on hormone-treated beef
(EU) EU/CZECH REPUBLIC: EU rural development contribution of 543 million EUR (2004-2006)
(EU) EU/CYPRUS: Green light to Cypriot rural development plan (2004-2006), with EU contribution of 75 million EUR
(EU) EU/ENERGY: Pascal Lamy regrets absence of Community oil reserves to counter hike in oil prices
(EU) EU/CHINA: Commission gives Chinese authorities until Wednesday to abolish restrictions on coke exports to EU
(EU) EU/SPACE:
(EU) EU/JUSTICE: 17 Member States applying European Arrest Warrant, to enter into force this Wednesday in Netherlands
(EU) EU/USA: Commission appears ready to definitively approve agreement on airline passenger data on Wednesday
(EU) EU/COHESION POLICY: European forum on cohesion calls for more targeted, less centralised and simpler cohesion policy - financial resources at centre of debate
(EU) EU/MACAO: Publication of readmission agreement
ECONOMIC INTERPENETRATION
(EU) Electronics:
(EU) Banking:
(EU):
(EU) Banking:
(EU) Banking:
(EU) Breweries:
(EU) Electricity:
(EU) Security:
(EU) Steel:
(EU) Media:
€ VALUE IN DIFFERENT CURRENCIES ON 11/05/2004: