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EU News Flashes and Events for 96-07-22
From: HR-Net News Distribution Manager <dist@hri.org>
CONTENTS
[01] EU sanctions on IRI unlikely
[02] GE Capital buy of CompuNet
[03] Spanish cable TV deal
[04] Vulkan must repay excess state aid
[05] Commission on farm budget cuts
[06] MEPs support cereals set-aside
[07] Media concentration
[08] ASEAN/EU future in security talks
[09] Main EU events for July 22
[01] EU sanctions on IRI unlikely
BRUSSELS - The European Commission is unlikely to sanction Italy if it fails
to reduce the huge debt of giant state conglomerate IRI this year provided
that the privatisation of IRI's Stet takes place early in 1997, EU sources
said.
[02] GE Capital buy of CompuNet
BRUSSELS - The European Commission said on Friday it was starting a routine
probe into the acquisition of CompuNet Computer AG by General Electric Co's GE
Capital Corp.
[03] Spanish cable TV deal
BRUSSELS - In a widely expected move, the European Commission said on Friday
it had started a full probe of a Spanish cable television joint venture
between Telefonica de Espana and Sogecable SA, which belongs to Canal Plus SA
and Spain's Promotora de Informaciones SA.
[04] Vulkan must repay excess state aid
BREMEN - The European Commission said on Saturday that bankrupt German
shipbuilder Bremer Vulkan AG received excessive state aid for the construction
of an ocean liner and would have to repay it.
[05] Commission on farm budget cuts
BRUSSELS - Reports that finance ministers are considering cutting the 1997
budget for the Common Agricultural Policy would mean making additional savings
to those already needed, a Commission spokesman said on Friday.
[06] MEPs support cereals set-aside
STRASBOURG - The European Parliament voted on Friday in favour of a European
Commission proposal to halve the cereals set-aside rate to five percent in the
marketing year starting on July 1, 1997.
[07] Media concentration
BRUSSELS - The European Commission aims to present proposals by the end of
July for a directive to curb domination of the media by moguls such as Silvio
Berlusconi and Rupert Murdoch.
[08] ASEAN/EU future in security talks
JAKARTA - The Association of Southeast Asian Nation is debating whether the
European Union should continue to participate in its regional security talks,
senior ASEAN diplomats said on Sunday.
[09] Main EU events for July 22
BRUSSELS - EU farm ministers meeting begins at 1300 GMT; main discussions
focus on Commissioner Fischler's ideas on beef market reform.
BRUSSELS - Irish Transport Minister Michael Lowry (0800 GMT) and Irish Tourism
and Trade Minister Enda Kenny attend (1300 GMT) EP Transport Committee.
BRUSSELS - Irish Marine Minister Sean Barrett attends EP Fisheries Committee
at 1300 GMT.
From EUROPA, the European Commission Server at http://www.cec.lu/
© ECSC - EC - EAEC, Brussels-Luxembourg, 1995, 1996
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