Brussels, 12/11/2010 (Agence Europe) - The special rights enjoyed by the Portuguese state by virtue of the "golden shares" it holds in the capital of Energias de Portugal (EDP) constitute an unjustified restriction on the free movement of capital; by holding them, Portugal has infringed the obligations incumbent upon it by virtue of Article 56 EC.
In its ruling in Case C-543/08, which it returned on 11 November, the Court of Justice of the EU has upheld the position of the European...