Brussels, 26/01/2004 (Agence Europe) - Reuters reports that the European Commission will unveil a new decision this summer about WestLB, unveiling the new fine the German bank will have to pay the state for having received illegal state aid. The fine is reported to be in excess of a billion euros and hence more than the 808 million euro fine demanded by the Commission on 8 July 1999 to be levied against the state bank.
Just under a year ago, the Court of First Instance cancelled the...