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Europe Daily Bulletin No. 7762

20 July 2000
Contents Publication in full By article 17 / 60
GENERAL NEWS / (eu) eu/banking/state aid
German authorities do not reach agreement on State guarantees for State-owned banks, Monti prepares procedure over illicit aid

Brussels, 19/07/2000 (Agence Europe) - The European Commission spokesman for the field of competition, Mr. M. Tscherny, confirmed that Caio Koch-Weser, German State Secretary at the Finance Ministry, had informed Commissioner Mario Monti that the national working party that had examined the problem of State guarantees to State-owned German banks had not reached agreement. Consequently, there would be no German proposal to solve this problem. EUROPE has reason to believe that the...

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THE DAY IN POLITICS
GENERAL NEWS
ECONOMIC INTERPENETRATION