Brussels, 15/11/2002 (Agence Europe) - On 14 November the European Commission officially sent Austria a Reasoned Opinion in which it was requested to lift the restrictions that it imposes on co-operative banks and their cash investment reserves. The Commission considers that the Austrian banking law, which stipulates that credit institutions that are affiliated to the central institution have to place their liquidity reserves in the latter, constitutes an unjustified constraint of capital...