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EU's Kroes declines comment on Fortis/ABN remedy
European Competition Commissioner Neelie Kroes on Tuesday declined to endorse or reject any potential effort by the Dutch state to sell Fortis assets to ease competition concerns.
The Dutch state is under orders to sell some ABN AMRO assets before it can merge that nationalised bank with the state-controlled Fortis Bank Nederland .
The finance ministry has broached the idea of selling some Fortis assets instead, though.
Kroes told reporters that any deal would have to ensure that adequate competition is preserved in the Netherlands.
Latest News & Stories
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- "Greek exit could send message Euro is reversible" : Rajoy
- Russian Mafia Operated Out Of Spain For Over A Decade: Prosecutors
- Apple Watch goes on sale in Spain for more than in France and Germany
- Loan to support nationwide rollout of ERTMS in Spain