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Europe Daily Bulletin No. 7774

7 August 2000
GENERAL NEWS / (eu) eu/competition
Commission gathers proof on agreement between banks in Germany and Netherlands to set exchange commissions applied in Euro area

Brussels, 07/08/2000 (Agence Europe) - As we have announced (see EUROPE of 4 August, p.4), the European Commission gathered together the proof of an agreement for the setting of exchange commissions applied in the Euro area, and sent a statement of objections to twelve German banks and eight Dutch banks or banking groups (with their subsidiaries in Germany) as well as to the Dutch banking associations (Nederlandse Vereniging van banken) and building societies (Nederlandse Spaabankbond). The...