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Europe Daily Bulletin No. 7900

10 February 2001
Contents Publication in full By article 27 / 35
GENERAL NEWS / (eu) eu/state aid
Commission to give stance on WestLB split but awaits "global" solution for German state-owned banks

Brussels, 09/02/2001 (Agence Europe) - During a meeting with Competition Commissioner Mario Monti, on Friday in Brussels, the German authorities presented a plan for separating the "public" and "commercial" activities of the WestLB bank, in order to resolve the dispute that opposes them to the Commission concerning the funding of German state-owned banks. Before giving its stance, the Commission will present a questionnaire, next week in Germany, in order to make the details of this split...

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