European Commission Spokesman's Briefing for 03-08-22

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From: EUROPA, the European Commission Server at <http://europa.eu.int>

Midday Express 21/08/2003

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Commission allows Crédit Agricole Belgique to be taken over by Belgian and French regional affiliates

The European Commission has given the go-ahead for joint control of Crédit Agricole Belgique SA to be acquired by the Agricaisse and Lanbokas regional affiliates of the Crédit Agricole Belgique group and the northern and north- eastern regional affiliates of the Crédit Agricole France group.

Commission clears MTU fuel cells JV with RWE

The European Commission has cleared the creation of a proposed joint venture between MTU Friedrichshafen, a subsidiary of the DaimlerChrysler group, and RWE Fuel Cells. The joint venture, which will be called MTU CFC Solutions GmbH, will be active in the development, production and marketing of high temperature fuel cells. (The operation, notified on 22 July 2003, was examined under the simplified merger review procedure)

Commission clears acquisition of Quintiles by Bank One Corp

The European Commission has cleared an operation by which One Equity Partners LLC, controlled by Bank One Corp of the United States, acquires control of Quintiles Transnational Corp, a US company active in product and commercial development services for the pharmaceutical industry. (The operation, notified on 17 July 2003, was examined under the simplified merger review procedure).

New decision of Eurostat on deficit and debt

Capital injections by government units into public corporations Eurostat, the Statistical Office of the European Communities in Luxembourg, has taken a decision on the accounting treatment of capital injections undertaken by government units into public corporations, as defined in the European System of Accounts (ESA95). Eurostat has specified conditions according to which the transfer of funds to a public corporation has to be recorded either as a financial transaction with no effect on government deficit/surplus or as a government expenditure (capital transfer) with an impact on government deficit/surplus. The decision is in line with the European System of Accounts (ESA95) and consistent with the opinion taken by a majority of members of the Committee on Monetary, Financial and Balance of Payments Statistics (CMFB).

Nouvelle décision d'Eurostat sur le déficit et la dette Liquidation du Fonds de l'AELE pour le Développement industriel du Portugal

Eurostat, l'Office statistique des Communautés européennes à Luxembourg, a pris une décision relative au traitement comptable de la liquidation en 2002 d'un Fonds de l'AELE (Association européenne de libre échange) pour le développement industriel du Portugal, opérationnel depuis 1977. Il résulte de cette décision que le transfert des actifs résiduels du Fonds à l'Etat portugais n'a pas d'effet sur le déficit enregistré en 2002 qui, de ce fait, demeure inchangé à 2,7% du PIB, ainsi qu'il ressort de la notification de mars 2003 dans le cadre de la Procédure de déficit excessif. Cette décision est en conformité avec le Système européen de comptes (SEC95) et reprend l'opinion rendue par une majorité de membres du Comité des statistiques monétaires, financières et de balance des paiements (CSMFB).

The European Commission strongly condemns Jerusalem terrorist attack

The European Commission strongly condemns last night's devastating terrorist attack in Jerusalem and expresses its sincere condolences to the families of the victims and to the Israeli Government.

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