| Author (Person) | Buck, Tobias, Jenkins, Patrick |
|---|---|
| Series Title | Financial Times |
| Series Details | 20.10.04 |
| Publication Date | 20/10/2004 |
| Content Type | News |
|
The European Commission concluded on 20 October 2004 its long-standing investigation into the transfer of public assets, in the early 1990s, to seven German regional public banks by ordering Germany to recover €3 billion plus interest. The decision ends the probe into the Landesbanken which occupied the Commission for about 10 years and which culminated with a landmark agreement, in 2001 and 2002, on the issue of the state guarantees (Anstaltslast and Gewaehrtraegerhaftung) attached to the banks' statute. |
|
| Related Links |
|
| Subject Categories | Internal Markets |
| Countries / Regions | Germany |
