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Europe Daily Bulletin No. 8130

17 January 2002
Contents Publication in full By article 17 / 34
GENERAL NEWS / (eu) eu/state aid
Crédit Mutuel appeals against Commission's decision

Brussels, 16/01/2002 (Agence Europe) - Following the Commission's decision that makes it compulsory for the Crédit Mutuel to pay unwarranted aid back to the French State (see yesterday's EUROPE, p.13), the cooperative bank has announced that it plans to appeal, with the French State, before the European Court of Justice, in Luxembourg. The Crédit Mutuel considers the procedure "unfounded on the legal and economic level", and considers it has "always complied with the law when applying the...

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