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EU News Flashes and Events for 96-11-05

EU News Flashes and Events Directory - Previous Article - Next Article

From: HR-Net News Distribution Manager <dist@hri.org>


CONTENTS

  • [01] EMU stability pact in 97
  • [02] Spain demands deal on joining EMU
  • [03] EU lurches towards action
  • [04] EU says to assess BT/MCI merger
  • [05] Swiss RE control of Prudential
  • [06] Telefonica/cable TV venture
  • [07] Walt Disney/News Corp NEWCO
  • [08] Approval of BA/AMR
  • [09] EU countryside at a cross roads
  • [10] Main EU events for November 5

  • [01] EMU stability pact in 97

    BRUSSELS - German insistence on a tough budget stability pact among countries forming a common currency has led European Union officials to scale back their predictions for a full agreement this year.

    [02] Spain demands deal on joining EMU

    MADRID - Madrid warned its European partners on Monday that if they overlook French shortcomings to let Paris join a single currency, it will expect the same treatment.

    [03] EU lurches towards action

    BRUSSELS - European states lurched towards some form of humanitarian intervention in central Africa on Monday, but critics immediately charged they were devoid of any overall policy likely to prevent a repeat of past errors.

    [04] EU says to assess BT/MCI merger

    BRUSSELS - The European Commission will assess the merger between British Telecommunications Plc and MCI of the United States, the spokesman for European Competition Commissioner Karel Van Miert said on Monday.

    [05] Swiss RE control of Prudential

    BRUSSELS - The European Commission said on Monday it had approved an operation under which Schweizer Rueckversicherungs-Gesellschaft will acquire sole control of Mercantile and General Reinsurance Co from Britain's Prudential Group.

    [06] Telefonica/cable TV venture

    BRUSSELS - Spanish telecoms group Telefonica de Espana is set to pull out of its cable television venture with pay TV giant Sogecable SA due to European Commission opposition, European Union sources said on Monday.

    [07] Walt Disney/News Corp NEWCO

    BRUSSELS - The European Commission said on Monday that it was starting a preliminary inquiry into a proposed joint venture between ESPN Inc, a subsidiary of The Walt Disney Company, and Star Television Ltd, which belongs to The News Corporation Ltd.

    [08] Approval of BA/AMR

    GENEVA - The chief executive of American Airlines said on Monday he expected regulatory approval for its tie-up with British Airways PLC would be completed by the end of March next year.

    [09] EU countryside at a cross roads

    BRUSSELS - The European Union's agriculture policy has overshadowed its rural policy and there must be a new balance in the 21st century, EU Farm Commissioner Franz Fischler said on Monday.

    [10] Main EU events for November 5

    BRUSSELS - European Commissioner van den Broek and MEPs Leo Tindemans and Simone Veil hold joint news conference on the publication of "Unfinished peace" at 1115 GMT.

    FRANKFURT - European Commissioner de Silguy attends European Monetary Institute Council.

    BRUSSELS - Dutch Employers Federation Chairman Hans Blankert holds news conference on Dutch EU presidency's priorities at 0930 GMT.

    BRUSSELS - European Commission President Santer and Commissioner Bangemann address the European Association of Aerospace Industries conference on "The future of the European aerospace industry".


    From EUROPA, the European Commission Server at http://europa.eu.int/
    © ECSC - EC - EAEC, Brussels-Luxembourg, 1995, 1996


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