login
login

Europe Daily Bulletin No. 8811

21 October 2004
Contents Publication in full By article 24 / 43
GENERAL NEWS / (eu) eu/state aid
Commission orders Germany to recover more than €3 bln, plus interest, from WestLB and six other public banks

Brussels, 20/10/2004 (Agence Europe) - The European Commission has called on Germany to recover € 3 billion plus interests from seven German regional public banks by ordering Germany to recover € 3 billion plus interests. After ten years of investigation, these decisions close a very long and painful dispute between private and public banks in Germany thereby creating a level playing field in the sector which is in the interest of businesses operating in Germany, of the...

Contents

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