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EU News Flashes and Events for 96-11-05
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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