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Europe Daily Bulletin No. 9096

23 December 2005
Contents Publication in full By article 24 / 52
GENERAL NEWS / (eu) eu/competition
Green light to creation of Banque postale in France

Brussels, 22/12/2005 (Agence Europe) - On Wednesday, the Commission authorised the transfer of the banking and financial activities of La Poste to its subsidiary la Banque postale, the postal bank. "The subsidiarisation of the financial activities of La Poste is, in itself, and major step towards greater transparency in the banking sector in France", said Neelie Kroes in a press release. The other planks of the operation, concerning the near-exclusive right to sell the “livret A” (the...

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