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Top related persons:
Fabian Bimmer - 1 Deutsche - 1 Anthony Michael Collins - 1 refunding - 1 Foo Yun Chee - 1 Kirsten Donovan - 1
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Deutsche Telekom - 1 ITS - 1 REUTERS - 1 Companies Deutsche Telekom AG - 1 Intel - 1 Deutsche - 1 European Commission - 1 EU - 1

Search resuls for: "Anthony Michael Collins"


2 mentions found


☆ EU court adviser rebuffs Deutsche Telekom's fight for interest on antitrust fine
  + stars: | 2023-11-23 | by ( Foo Yun Chee | Thomson Reuters | An Agenda-Setting | ) www.reuters.com   time to read: +2 min
A number of companies have recently demanded that antitrust enforcers pay default interest on fines in annulled antitrust cases. Deutsche Telekom challenged the fine at the Luxembourg-based General Court, Europe's second highest, which cut it to 19 million euros in 2018, forcing the EU competition enforcer to repay the difference. Deutsche Telekom returned to the court after the EU competition enforcer refused to pay interest for the period between the payment and the reimbursement and got judges to back its fight. The Commission then appealed to the Luxembourg-based EU Court of Justice (CJEU). The case is C‑221/22 P European Commission v Deutsche Telekom AG.
Persons: Fabian Bimmer, Deutsche, Anthony Michael Collins, refunding, Foo Yun Chee, Kirsten Donovan Organizations: Deutsche Telekom, ITS, REUTERS, Companies Deutsche Telekom AG, Intel, Deutsche, European Commission, EU, Court of Justice, Deutsche Telekom AG, Thomson Locations: Hamburg, Germany, Slovakia, Luxembourg
☆ EU top court adviser backs FX borrowers, Polish bank stocks fall
  + stars: | 2023-02-16 | by ( Anna Koper | ) www.reuters.com   time to read: +3 min
The country's KNF financial watchdog has warned that the banking sector could face a 100 billion zlotys hit in case of an unfavourable ruling. He added that if Polish courts grant remuneration to consumers the additional cost would be similar in the worst case scenario. Hundreds of thousands of Poles took out mortgages in foreign currencies, mainly in Swiss francs, attracted by lower interest rates. Many mortgage holders took banks to court, while banks started offering settlements to find an out-of-court solution. The total stock of foreign currency mortgages in Poland stood at almost 79 billion zloty in December based on the latest available KNF data, with Swiss franc mortgages accounting for over 52 billion zloty.
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