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European Commission Spokesman's Briefing for 98-03-12

Midday Express: News from the EU Commission Spokesman's Briefings Directory - Previous Article - Next Article

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

MIDDAY EXPRESS

News from the Spokesman's midday briefing

Nouvelles du rendez-vous de midi du Porte-Paroleb

12/03/98


CONTENTS / CONTENU

  • [01] Business and Consumer surveys for February 1998 : further improvement in the economic climate
  • [02] Commission approves merger in foundry equipment sector
  • [03] Commission approves joint venture in the modern retail sector (hard discount) in Italy
  • [04] Mario Monti signe un accord d'assistance douanière en Albanie
  • [05] Aide humanitaire : nouvelles brèves

  • [01] Business and Consumer surveys for February 1998 : further improvement in the economic climate

    The latest results from the business and consumer surveys conducted by the European Commission's Directorate General for economic and financial affairs are published today. The economic sentiment indicator continued on its steady rise (from 103.3 in January to 104.0), backed by the ongoing strengthening of consumer confidence as well as improved industrial confidence. This confirms an improving trend which has now lasted for 20 months. Consumer confidence rose mainly due to more optimism towards the present economic situation, which is considered to be more favourable for major purchases. The industrial sentiment indicator returned to its high December level. This was primarily due to a considerably improved assessment of order books and stable production expectations.

    [02] Commission approves merger in foundry equipment sector

    The European Commission has decided to approve an operation by which the Swiss company Georg Fischer AG and the Danish company Dansk Industri Syndikat A/S acquire joint control of Georg Fischer Disa Holding AG which will take over all former activities of the parents in the foundry equipment sector. In view of the market position of the joint venture in foundry equipment and the presence of several large international competitors, the Commission considers that the proposed concentration does not create or strengthen a dominant position as a result of which effective competition would be significantly impeded in the European Economic Area or any substantial part of that area. However, the Commission has noted that the transaction was concluded and put into effect several months before its notification. Therefore, the Commission will consider to take appropriate measures in this respect.

    [03] Commission approves joint venture in the modern retail sector (hard discount) in Italy

    The European Commission has approved the creation of a joint venture between the German company Tengelmann and the Italian company Gruppo PAM, belonging to the GECOS Group. The joint venture is going to operate in modern retail distribution in Italy, in particular in the "hard discount" sector. The operation will not lead to significant market shares even on the narrowest market definitions. It has therefore been declared compatible with the common market.

    [04] Mario Monti signe un accord d'assistance douanière en Albanie

    Mario Monti, membre de la Commission chargé de la douane, doit signer ce jour, à Tirana, une déclaration relative à la conclusion, par l'Albanie et l'Italie, d'un accord sur l'intervention et l'assistance navale en matière douanière. La Commission européenne soutiendra cette action par un concours de 225.000 Ecus, dans le cadre du protocole d'accord sur la mission d'assistance douanière à l'Albanie qu'elle a signé le 10 novembre 1997. L'accord en question prévoit la mise à disposition, par la Guardia di Finanza, la police douanière et fiscale italienne, de deux navires patrouilleurs afin d'aider l'administration douanière albanaise dans sa mission de contrôle et de surveillance du trafic commercial maritime, ainsi que de prévention de la contrebande. La mission européenne d'assistance douanière de Tirana a été mise en place par la Commission en juin 1997, entre autres mesures, en réponse à une demande d'aide lancée par le gouvernement albanais à la communauté internationale, à la suite des troubles qui avaient secoué le pays début 1997.

    [05] Aide humanitaire : nouvelles brèves

    La Commission européenne a approuvé une aide humanitaire d'un montant total de 2,39 millions d'Ecus pour les réfugiés birmans en Thaïlande (1,39 million d'Ecus) et pour les Palestiniens de Cisjordanie et de la bande de Gaza (1 million d'Ecus). Cette aide, gérée par l'Office humanitaire de la Communauté européenne (ECHO), permettra à des institutions spécialisées des Nations-Unies et à des organisations non gouvernementales de mettre en oeuvre un certain nombre de programmes au cours des six prochains mois.

    MIDDAY EXPRESS


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


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