English Translation

WV had to submit draft articles of association until 1 October 1994. In discussions, which at this time with the officials of this area of the Reichsprotector /: Ministerialdiri- gent Dr. Bertsch, Ministerialrat v. Wedelstädt, the government councillor Venzke :/, expressed that the final objective of development - the establishment of Community banks or a Community bank - is still the same. Since the draft articles of association were worked out on the other side, the question was justified as to whether work should not be carried out before the publication and approval of new articles of incorporation in order to achieve the final objective. The political question as to whether a Community bank should be established for the whole of the protectorate area or whether each of the countries should have one separate Community bank can now not be answered. 3. Work on the new statutes must now be terminated. From the experience of the work which led to the merger of the Czech Mortgage Bank and the Landesbank, I know that a purposeful work will only be achieved when a date is mentioned.