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Europe Daily Bulletin No. 8219

27 May 2002
Contents Publication in full By article 37 / 46
GENERAL NEWS / (eu) court of first instance
European Commission acts for political reasons regarding German banks found guilty of unlawful agreements

Luxembourg, 27/05/2002 (Agence Europe) - Bayerische Hypo- und Vereinsbank, found guilty in December 2001 of concerted action on bank commissions (since abolished), has appealed before the European Court of First Instance. During the procedure, it says, the Commission "did not act with a view to punishing an infringement of the rules on cartels but rather with a view to lowering, for political reasons, the charges for exchanging currencies, which it regarded as too high. It went on to explain...

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A LOOK BEHIND THE NEWS
THE DAY IN POLITICS
GENERAL NEWS
WEEKLY SUPPLEMENT