EU panel may intensify probe into Holzmann Plan

Article Abstract:

The European Commission is investigating the German government plan to bail out the construction company Phillipp Holzmann AG. The commission is not convinced that Holzmann is in need of aid and believes that the company's job cuts were not sufficient.

Nonbuilding Construction, Highway, Street, Bridge, and Tunnel Construction, Construction industry, Heavy construction, Investigations, Political aspects, Philipp Holzmann AG

---

EU may stop the music on Time Warner deals

Article Abstract:

The European Commission is threatening to block the proposed mergers of Time Warner Inc. with EMI Group PLC and Americal Online Inc. due to antitrust violations.

United Kingdom, On-Line Information Services, Videotex & Teletext, Telegraph & other communications, Integrated Record Production/Distribution, Prerecorded records and tapes, Records & Tapes, Laws, regulations and rules, Online services, Internet services, Time Warner Inc., America Online Inc., AOL, Sound recording industry, Recording industry, Sound recordings, EMI Group PLC

---

Germany ceases state aid to its public sector banks

Article Abstract:

This article describes the plan of the German government to abolish two programs which guaranteed public-sector banks from insolvency, boosting their credit and giving them an advantage over private banks. The programs, which will cease by July 18, 2005, were opposed strongly buy the European Commission, and their demise is considered an important moral victory for the private sector.

Government domestic functions, Banking Institutions, Depository Credit Intermediation, DEPOSITORY INSTITUTIONS, Statistical Data Included, Banking industry, Finance, Banks (Finance), Brief Article

Similar abstracts:

• Abstracts: U.S. film company uses ax, ghouls to slash its way into the Asian market
• Abstracts: Wanted: two million barrels. America's good new friend. Dream on
• Abstracts: Mediterranean seaports in ship shape. Sourcing over the Internet. What's Europe up to?
• Abstracts: Syngenta to emerge as first leading pure agribusiness. EU clearance expected in agribusiness merger. Procter & Gamble acquires hair colour
• Abstracts: Goldman gets glory in record year. Goodwill hunting. Risky chasers

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.