login
login

Europe Daily Bulletin No. 9752

2 October 2008
Contents Publication in full By article 11 / 31
GENERAL NEWS / (eu) eu/competition
Commission opens in-depth investigation into restructuring of German bank WestLB

Brussels, 01/10/2008 (Agence Europe) - On Wednesday 1 October, the European Commission decided to open an in-depth investigation into state aid measures in favour of the German bank WestLB. "This is a first step towards finding a viable long-term solution, in close contact with the German authorities", states a press release. Investments on the American sub prime market have put WestLB in a precarious financial situation. In February 2008, its owners, the Land of North Rhine-Westphalia and...

Contents

A LOOK BEHIND THE NEWS
THE DAY IN POLITICS
GENERAL NEWS