German State Vote May Hamper WestLB Restructuring, SZ Reports
Early elections in the German state of North Rhine-Westphalia may put the state at risk of missing deadlines in the restructuring of WestLB AG (WESTLB), Sueddeutsche Zeitung reported, citing an interview with Joaquin Almunia, the European Union antitrust commissioner.
The mid-May elections may make it difficult for a new government to make payments due in the restructuring by June 30, the newspaper cited Alumnia as saying in an e-mailed preview of a story to be published today.
To contact the reporter on this story: Naomi Kresge in Berlin at firstname.lastname@example.org
To contact the editor responsible for this story: Phil Serafino at email@example.com
Bloomberg moderates all comments. Comments that are abusive or off-topic will not be posted to the site. Excessively long comments may be moderated as well. Bloomberg cannot facilitate requests to remove comments or explain individual moderation decisions.