login
login

Europe Daily Bulletin No. 8186

6 April 2002
Contents Publication in full By article 14 / 30
GENERAL NEWS / (eu) eu/state aids
COMMISSION begins formal proceedings on Austria's guarantees to its banks

Brussels, 05/04/2002 (Agence Europe) - The European Commission has decided to open an investigation on the current guarantees given by the Austrian Government to provincial and local authorities for certain publicly owned credit institutions notably, the provincial mortgage banks and some savings banks. It has written to the Austrian government (the first stage in the proceedings) informing it of its doubts about the compatibility of existing state measures in the common market. These...

Contents

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