| Author (Corporate) | European Commission: Press and Communication Service |
|---|---|
| Series Title | Press Release |
| Series Details | IP/01/187 (12.2.01) |
| Publication Date | 12/02/2001 |
| Content Type | News |
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On 9.2.01, a delegation led by Mr Caio Koch-Weser, State Secretary at the German Federal Ministry of Finance, and Mr Peer Steinbrück, Minister of Finance of the Land Nordrhein-Westfalen, met with the European Commissioner for Competition, Mario Monti, to discuss the issue of State aid in the form of guarantees to public banks in Germany. The meeting took place in the context of the process started by the letter of 26 January 2001, by which the Commission informed the German authorities that it considers these guarantees, in as far as they affect the competitive position of the banks and trade between Member States, to be State aid which is incompatible with Community law. |
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| Source Link | http://europa.eu/rapid/pressReleasesAction.do?reference=IP/01/187&format=HTML&rapid=0&language=EN&guiLanguage=en |
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| Subject Categories | Internal Markets |
| Countries / Regions | Germany |
