Brussels, 10/03/2003 (Agence Europe) - German private banks welcomed yesterday's ruling by the Court of First Instance, which confirms WestLB's obligation to reimburse aid received and which gives the European Commission the possibility to re-calculate the amount. Thus, Wolfgang Arnold, who chairs the German banking association, considers that the decision is a major milestone for growing competition in the German banking system. From now on, in his view, there will be nothing to prevent the...