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Europe Daily Bulletin No. 7966

17 May 2001
Contents Publication in full By article 23 / 46
GENERAL NEWS / (eu) eu/competition
Commission closes procedure initiated against WestLB and J. Van Breda banks, which modified their exchange commissions for Euro zone currencies

Brussels, 16/05/2001 (Agence Europe) - After having put an end to the procedure engaged against several European banks suspects of having maintained excessively high levels of commission for exchanges of Euro zone currencies (see EUROPE of 7 and 8 May, p.15), the Commission decided, on Wednesday, to close those initiated against Westdeutsche Landesbank Girozentrale (WestLB) and the Belgian Bank J. van Breda. This decision was taken following the decision by the German bank to reduce its...

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THE DAY IN POLITICS
GENERAL NEWS
ECONOMIC INTERPENETRATION
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