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Europe Daily Bulletin No. 7708

3 May 2000
Contents Publication in full By article 19 / 40
GENERAL NEWS / (eu) eu/united states
Mr. Bolkestein invited Europeans and Americans to take lead in a "regulated multilateralism" and called for revision of discriminatory American banking rules

Brussels, 02/05/2000 (Agence Europe) - The European Commissioner responsible for the Internal Market, Frits Bolknstein, intends to put pressure at the "highest political levels" to push the American Central Bank to review the discriminatory rules it is considering imposing on foreign banks joining non-traditional activities, such as insurance or securities services (see EUROPE of 13 April). Noting that numerous similar restrictions will negatively affect the financial market despite the...

Contents

A LOOK BEHIND THE NEWS
THE DAY IN POLITICS
GENERAL NEWS
ECONOMIC INTERPENETRATION
SUPPLEMENT