Brussels, 16/07/2004 (Agence Europe) - The European Commission has launched a formal probe into a series of state guarantees and a put option in favour of Agrobanka Praha, a.s. and its owner GE Capital.
The Czech Republic notified a series of measures in favour of Agrobanka Praha, a.s. and GE Capital Bank, a.s. under the interim mechanism procedure provided for in the Act of Accession. The notified measures were adopted by the Czech authorities during 1996 to 1998 to assist the...