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1996 European Union Government News & Press Releases

20th December, 1996
THE COMMISSION CLEARS THE ACQUISITION OF THE KAUTEX COMPANIES BY TEXTRON
The Commission has decided to approve the operation by which Textron Inc (USA) acquires from Kloeckner Mercator Maschinenbau GmbH (Germany) control of the following Kautex companies - Kautex Werke Reinold Hagen AG (Germany), Kautex Corporation (Canada), Kautex Mexico SA de CV (Mexico) and Kautex North America Inc (USA) in the field...
20th December, 1996
Commission gives go-ahead for planned merger between Generali and Prime (Fiat)
IP/96/1235  Brussels, 20 December 1996 Commission gives go-ahead for planned merger between Generali and Prime (Fiat) The European Commission has decided to approve the plan by the Italian group Generali to acquire Prime (Fiat), another Italian group in the life assurance and investment funds sector. The transaction will...
20th December, 1996
THE EUROPEAN COMMISSION CONFIRMS EIGHT INFRINGEMENT PROCEDURES AGAINSTMEMBER STATES IN THE TRANSPORT SECTOR
The European Commission just decided to confirm eight infringement procedures against Member States for non-respect of EU rules in the transport sector. Two of them concern Belgium who refused to recognize airline pilots' licences obtained in other Member States. The six other cases relate to non-compliance with EU legislation in...
19th December, 1996
XXVth Report on Competition Policy (1995) Opinion of the ESC
O/97/171 Brussels, 11 December 1997 The euro and capital markets The ESC's opinion on the Commission communication At its plenary session on 10-11 December, the Economic and Social Committee adopted an opinion on the Commission communication on the impact of the introduction of the euro on capital markets, by 106 votes to four,...
19th December, 1996
PHARE FUNDS HELP TO SMOOTH ETHNIC DIFFERENCES IN ESTONIA
The European Commission decided to allocate ECU 1.4 million from Phare funds for language training for non-Estonians in Estonia. An appropriate solution for the issue of the large minority of non-Estonian speakers in Estonia is an important element in the preparation of Estonia for full membership of the European Union. Estonia...
19th December, 1996
THE COMMISSION CLEARS THE CREATION OF IRIDIUM, A FUTURE PROVIDER OFWORLDWIDE SATELLITE PERSONAL COMMUNICATIONS SERVICES (S-PCS)
The European Commission has given its formal green light to the creation of Iridium, a company led by the US corporation Motorola, which intends to provide as from the last quarter of 1998, global digital wireless communications services using a constellation of 66 low earth orbit (LEO[1] ) satellites. Services will include mobile...
19th December, 1996
THE COMMISSION GRANTS ECU 170 MILLION FOR THE ITALIAN "ENERGIA" PROGRAMME
The European Commission has given the go-ahead to the Italian programme "Energia", which will provide funding for the infrastructure necessary to expand the natural gas grid and develop and modernise the electricity grid. The total cost of the programme is ECU 485 million, broken down into ECU 170 million of Community part-financing...
19th December, 1996
MEDA: ECU 55 million funding for Morocco and Lebanon
            IP/96/1213            Brussels, 19 December 1996 MEDA: ECU 55 million funding for Morocco and Lebanon The Commission has recently approved funding for two projects under the MEDA programme. These are...
19th December, 1996
COMMISSIONER HANS VAN DEN BROEK VISITS HUNGARY - 19-20 DECEMBER 1996
Commissioner Hans van den Broek, responsible for relations with the countries in Central and Eastern Europe, will pay an official visit to Hungary today and tomorrow. The Commissioner will meet the hungarian President Mr. Arpad GÔNCZ, Prime Minister Gyula HORN as well as other members of the Hungarian government. Furthermore,...
19th December, 1996
THE COMMISSION CLEARS A NOTIFIED AGREEMENT CONCERNING THE BRITANNIA GASFIELD
The Commission has cleared an Agreement notified by the companies participating in the development of the Britannia gas field in the United Kingdom. The notified oral agreement concerned the decision by the participating companies to appoint one of their number as the single sales negotiator on behalf of them all. The Commission...
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