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Europe Daily Bulletin No. 8151

15 February 2002
Contents Publication in full By article 26 / 43
GENERAL NEWS / (eu) eu/state aid
Commission gives go ahead to Universal Banking Services in UK, including establishment of Post Office Card Account bank

Brussels, 14/02/2002 (Agence Europe) - On Wednesday, the European Commission decided not to raise objections to the Universal Banking Services proposals notified by the UK for the compulsory migration, decided by the UK government, of social security benefits from cash payments to automated credit transfer and the development of current account ownership. The UBS will provide basic and standard bank accounts through the post office network and the establishment of a Post Office Bank for...

Contents

A LOOK BEHIND THE NEWS
THE DAY IN POLITICS
GENERAL NEWS
ECONOMIC INTERPENETRATION