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European Commission Spokesman's Briefing for 00-09-18

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 Service Presse et Communicationb

18/09/2000


CONTENTS / CONTENU

  • [01] La Commission autorise la création d'une entreprise commune, baptisée NovaBank, entre Banco Comercial Portugues et Interamerican
  • [02] Euro-zone annual inflation down to 2.3% ; EU15 down to 2.0%
  • [03] Adoption of further rural development programmes
  • [04] Invitation to public Hearing on Reducing fleet overcapacity in the EU

  • [01] La Commission autorise la création d'une entreprise commune, baptisée NovaBank, entre Banco Comercial Portugues et Interamerican

    La Commission européenne a donné son feu vert à la réalisation d'une opération par laquelle la banque portugaise Banco Comercial Portugues (BCP) et le groupe d'assurance grec Interamerican Hellenic Life Insurance Company SA se proposent d'acquérir le contrôle conjoint de NovaBank, une entreprise commune nouvellement créée. NovaBank exercera ses activités sur le marché grec des services bancaires aux particuliers, où aucune des entreprises fondatrices n'est encore présente. En dehors de l'entreprise commune, les activités des parties ne se chevauchent pas non plus de manière significative en Grèce. La concentration ne suscite par conséquent aucune inquiétude quant à son impact sur l'exercice d'une concurrence effective.

    [02] Euro-zone annual inflation down to 2.3% ; EU15 down to 2.0%

    (! embargo 12 am !) Euro-zone annual inflation fell from 2.4% in July to 2.3% in August, Eurostat reports today. EU15 annual inflation fell from 2.2% in July to 2.0% in August. Highest annual rates were in Ireland (5.7%), Luxembourg (3.7%), Spain and Portugal (both 3.6%) and lowest rates were in the United Kingdom (0.6%), Sweden (1.4%) and Germany (1.8%). Compared with July 2000, annual inflation rose in four Member States, fell in eight and was unchanged in three. Compared to August 1999, the biggest relative rises were in France (0.5% to 2.0%), Austria (0.5% to 1.9%) and Belgium (0.9% to 3.4%) ; the only relative falls were in the United Kingdom (1.3% to 0.6%) and in Denmark (2.4% to 2.2%). Lowest 12-month averages up to August were in the United Kingdom (0.9%), Sweden (1.2%) and France (1.4%). Highest were in Ireland (4.5%), Spain and Luxembourg (both 3.0%).

    [03] Adoption of further rural development programmes

    The European Commission has adopted the following Rural Development Programmes for the period 2000-2006 : Germany, general framework regulation for the implementation of rural development measures ; Germany, Hamburg (total cost euro 76,7 million ; EU contribution euro 37,8 million). (for more information : Catherine Buynian - tel 299 65 12 - fax 296 4284)

    [04] Invitation to public Hearing on Reducing fleet overcapacity in the EU

    On the invitation of European Fisheries Commissioner Franz Fischler, around 150 representatives of the EU fishing industry, consumers and environmental NGOs, experts and academics, as well as representatives of European institutions, have been invited to Brussels. The debate will focus on the ways in which fleet capacity and fishing effort should be managed in the future in order to reach a balance with the available resources, given too many fishing vessels generate too much fishing effort which, inevitably, leads to ever decreasing fish stocks as too few fish are left to reproduce and replenish them (for further information see today's BIO note). The hearing will be held in Brussels on 21 September 2000 from 3 pm to 7 pm at the Centre Borschette and will be followed by a press conference from Commissioner Fischler. Given access for journalists is subject to inscription, please contact Gregor Kreuzhuber or Catherine Bunyan.

    MIDDAY EXPRESS


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


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