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Europe Daily Bulletin No. 8007

16 July 2001
Contents Publication in full By article 18 / 40
GENERAL NEWS / (eu) eu/competition
European Banking Federation firmly rejects German proposal of modifying State "Anstaslast" guarantee

Brussels, 16/07/2001 (Agence Europe) - The European Banking Federation has firmly rejected the proposal put forward by the German Government aimed at modifying the "Anstalslast", one of the two State guarantees for the German public banking sector, and pleads for the complete dismantling of the system. "The proposals, which envisage abolishing only Gerwahrttragerhaftung and modifying Anstalslast so that, if used, the guarantee would have to be approved by the Commission in advance, is not a...

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