Germany Concerned Over EC’s Valuation Of WestLB Assets

The German finance ministry has expressed concern that the European Commission may too strictly assess the assets of WestLB that are to be transferred to the government’s bad bank.

  • 11 Oct 2010
The German finance ministry has expressed concern that the European Commission may too strictly assess the assets of WestLB that are to be transferred to the government’s bad bank. Michael Offer, a spokesman for the ministry, urged the Commission to settle on a “realistic subsidy value which takes ...

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