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Europe Daily Bulletin No. 9202

1 June 2006
Contents Publication in full By article 27 / 32
ECONOMIC INTERPENETRATION / (eu) chemicals

German company, BASF has finally taken over the US firm, ENGELHARD, the world leader in catalyst production for motor vehicles. This follows a battle on the stock market during which BASF twice increased its offer. It will finally pay $39 per share, which means that ENGELHARD is worth € 3.9 BILLION.

Contents

A LOOK BEHIND THE NEWS
A Look Behind The News, by Ferdinando Riccardi: Constitutional treaty: orientations from ministers on forthcoming summit
THE DAY IN POLITICS
(EU) EP/FUTURE OF EUROPE: Guy Verhofstadt speaks to EP about proposal to strengthen Eurogroupe - “Ratification of Constitution has to continue, because achieving 4/5 threshold is not idealistic”
(EU) EU/EXTERNAL POLICY: Javier Solana's contribution on energy security for June European Council finalised
(EU) EP/TIBET: Mr Watson says continued dialogue with Beijing, which is showing signs of openness, will lead eventually to recovery of Tibetan autonomy
(EU) EU/CFSP/FINNISH PRESIDENCY:
(EU) EU/COUNCIL OF EUROPE: EU deems draft MoU with Council of Europe to be frozen until end of year
(EU) EU/ISLAM:
(EU) EU/SEAT OF EUROPEAN PARLIAMENT:
(EU) EU/SOCIAL/RELIGION:
(EU) EU/CUBA:
(EU) EU/DRC:
GENERAL NEWS
(EU) EU/SOCIAL/EMPLOYMENT: Little hope of political agreement on working time this Thursday - European Gender Institute, flexicurity and progress programme also on agenda
(EU) EU/TAXATION: Commission launches debate on coordinated strategy for fighting tax fraud
(EU) EU/RESEARCH: Good progress with preparations for 7th FPRD, although Austria blocks approval of nuclear plank
(EU) EU/INDUSTRIAL POLICY: Competitiveness Council hopes for coordinated follow-up in implementation of Commission's integrated approach
(EU) EU/EMU/ITALY: Messrs Barroso and Almunia press Rome to abide by obligations and bring deficit back below 3% by end of 2007
(EU) EU/COMPETITION: Commission imposes fines of 344 million euro for price fixing in acrylic glass sector
(EU) EU/ECONMY:
(EU) EP/TRADE/MERCOSUR: Being linked to Doha Round, EU/Mercosur free trade negotiations are also slowed down
(EU) EU/RUSSIA/ESTONIA:
(EU) EU/ACP: ACP Council will take tough stance with EU so that additional resources from 10th EDF sufficiently fund development dimension of EPA
(EU) EU/TOBACCO: Number of people smoking in the EU drops
(EU) EU/AGRICULTURE: Member States agree on two-year extension of aid regime for flax and hemp producers
(EU) EU/UNITED STATES/TERRORISM: Commission suggests only form of agreement concerning passenger data should be changed
(EU) EU/INTERNAL MARKET: Largely positive reactions to political agreement of Council on "services" directive
ECONOMIC INTERPENETRATION
(EU) Investment:
(EU) Chemicals:
(EU) Printing:
(EU) Media:
(EU) Information technology:
(EU) Airports:
€ VALUE IN DIFFERENT CURRENCIES ON 31/05/2006: