We believe that there will be an impact on growth but that impact should be limited.
We are not at all worried about the euro.
Now that elections are over, we expect to receive this convergence program. Hungary has the largest budget deficit in the EU.
One of the questions the Commission is looking into is the fees that the banks must pay each other for carrying those credit card payments, and there we expect a decision before the end of the year.
We can confirm that we received the request last week. We are assessing it ... and expect to come to a conclusion in May.
What we do when we investigate mergers is that sometimes we might feel the need to get more information on a given product or geographical market and we have to get that from the companies.
I would say that the talks continue in a frank and constructive way with the aim of reaching a positive conclusion as quickly as possible.
merely an internal document at this stage. Monti hasn't taken a decision and he has no position on it.
will allow us to keep the lines of communication open.
We actually prohibited the attempt by Visa to impose a similar rule in Europe,
There are quite considerable differences between the two systems.
The practice is not to accept remedies submitted after the deadline unless they resolve all concerns in a clear and obvious way and do not require a market evaluation.
Both sides see their interest in solving this problem as quickly as possible.
At present consumers should be considering energy savings.
At first sight it seems to me that the question of who would examine the sale of Bass is open. It depends on the identity of the buyer, ... The acquisition of Bass (Brewers) would be a completely new deal.
It is the development of the debt that is a concern.
The notification is not complete. We will wait until the companies send the missing information and start the clock again,
The atmosphere of these talks with our Chinese counterparts is constructive and friendly. Both sides ... see their interest in solving this problem as quickly as possible.
The review is the preliminary stage and we have been offered undertakings.
The euro is alive and well. The euro is here to stay.
The companies made proposals that have yet to be formalized.