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Europe Daily Bulletin No. 8134

23 January 2002
Contents Publication in full By article 31 / 41
ECONOMIC INTERPENETRATION / (eu) banking

The Dutch bank-insurer ING and the Greek bank PIRAEUS BANK have signed an agreement defining the terms of their alliance on the Greek market. Thus, the two groups are to create joint-ventures in the insurance business intended for employees and asset management. These joint-ventures will operate under the sign ING PIRAEUS. The agreement also provides for PIRAEUS BANK taking a 20% stake in ING's insurance business in Greece, whereas ING will enter the capital of PIRAEUS BANK to the tune of...

Contents

THE DAY IN POLITICS
GENERAL NEWS
ECONOMIC INTERPENETRATION
SUPPLEMENT