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Europe Daily Bulletin No. 8003

11 July 2001
Contents Publication in full By article 22 / 55
GENERAL NEWS / (eu) ep/ecb
Parliament approves recommendation from Central Bank ending derogation in case of failure to respect obligatory reserves

Brussels, 10/07/2001 (Agence Europe) - By adopting last Wednesday in Strasbourg, the report by Christa Randzio-Plath (ESP, German), the Parliament approved a recommendation from the European Central Bank (ECB) aiming to harden the appeals procedures against penalties imposed by its directorate for failure to respect the requirements in terms of obligatory reserves. The ECB proposes to end a derogation, foreseen in the 1998 regulation, which allows a company to challenge the penalties imposed...

Contents

THE DAY IN POLITICS
GENERAL NEWS
ECONOMIC INTERPENETRATION