Finance minister keeps quiet on ABN Amro

Finance minister Wouter Bos says it will be mid-August at least before he has anything to say about the takeover of banking group ABN Amro either by Barclays or a three-bank consortium.

Once the takeover process is complete, Bos will have to make a formal declaration of ‘no objection’ based on whether or not it threatens the stability of the Dutch financial sector.
Bos told MPs on Tuesday he would do his utmost to make sure job losses were kept to a minimum.

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