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The majority shareholder of Domo might be listed in Bucharest

The majority shareholder of Domo might be listed in Bucharest

BMedia - Banking and Finance Bulletin/Provider: BMedia Communications BMD
December 17, 2007

The investment fund Equest Investments Balkans plans to launch a public
offer in Sofia or Bucharest, in order to list its subsidiary Lynx
Property, which controls 75% of the Romanian company Domo. EIB has
nominated ING and Raiffeisen Centrobank to realize the public offer.

Publication: New Europe
Provider: News Corporation S.A.
Date: December 17, 2007

Plans to ease Adriatic fishing enforcement anger neighbours
Croatia is likely to ease a planned enforcement of a protected fishing
zone in the Adriatic in January, which has angered neighbours, Croatian
President Stjepan Mesic said on December 11, Javno reported. *We want
to join the European Union and it is difficult to imagine that the
(zone) will be enforced in its current form,* Mesic, who visited
Brussels last week, told state radio.The plan is opposed by EU members
Italy and Slovenia. *I expect a compromise, a temporary solution until
we join the EU. It is now important that experts agree on how to protect
the Adriatic and regulate fishing quotas,* Mesic was quoted as saying.
The European Commission warned Croatia recently against enforcing the
zone, approved by Croatia*s Parliament, saying this would breach an
earlier accord with Slovenia and Italy and harm Zagreb*s bid to join
the bloc.*I expect all sides will sit at a table soon and reach a
functional solution, which will satisfy all three countries and the
fishermen,* Mesic said. However, despite earlier warnings from the EU,
Croatian fishermen on December 7 insisted that the country proceed with
the controversial fishing zone in the Adriatic Sea.The zone, which will
cover 57,000 square kilometres, will protect stock in the sea, which
Croatian fishermen say is being depleted by Italy*s larger fishing
fleet, Southeast European Times reported on December 11.A law passed by
the Croatian Parliament years ago that establishes a protected fishery
and ecological zone in the Adriatic Sea is expected to be implemented on
January 1, 2008. EU foreign ministers meeting in Brussels this week
reiterated their concerns about the agreement.Last week, EU Enlargement
Commissioner Olli Rehn reminded Croatian leaders that the agreement was
a condition for granting Croatia candidate status. He called the dispute
*a very serious issue that would have negative ramifications on the EU
accession negotiations* if not resolved.Although the law has been
postponed numerous times since its 2004 passage, it will now be
automatically implemented because the new parliament * which has yet
to be formed * will not be in session by the implementation date. No
political body has authority to step in and halt implementation of the
law.

 

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