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Europe Daily Bulletin No. 8009

19 July 2001
Contents Publication in full By article 20 / 34
GENERAL NEWS / (eu) eu/competition
Germany agrees to modify public bank guarantees and obtain four-year transitional period

Brussels, 18/07/2001 (Agence Europe) - After one and a half years of debates and discussions, the European Commission and the German authorities reached an agreement on the subject of guarantees granted to the German public banks. Michael Tscherny, spokesman for Commissioner Monti, announced that the Commission had, on Wednesday morning, received a letter from the German government confirming that it accepts the measures formally requested by the Commission in its communication of 8 May. The...

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GENERAL NEWS
ECONOMIC INTERPENETRATION