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Europe Daily Bulletin No. 7957

4 May 2001
Contents Publication in full By article 19 / 43
GENERAL NEWS / (eu) eu/competition
Commission closes proceedings against Ulster Bank (Ireland) and Bayerische Landesbank (Germany) after they change tariffs for exchanging euro-zone currencies

Brussels, 03/05/2001 (Agence Europe) - The European Commission has decided to close infringement proceedings that it had initiated against the German bank Bayerische Landesbank Girozentrale, on one hand, and the Irish bank Ulster Bank Ltd, on the other. Action was initiated after the banks had changed their commission tariffs for exchanging euro-zone bank notes. The European Executive had already renounced similar proceedings against the Dutch bank SNS last month, after the bank had...

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