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Europe Daily Bulletin No. 11202

22 November 2014
Contents Publication in full By article 13 / 24
ECONOMY - FINANCE - BUSINESS / (ae) banking
Karas welcomes Court of Justice legal opinion on bonus caps

Brussels, 21/11/2014 (Agence Europe) - Austrian MEP Othmar Karas (EPP) is confident that the European Court of Justice (ECJ) will rule against the United Kingdom's appeal against EU legislation restricting bank bonuses.

I have never doubted that capping bank bonuses, which has been achieved thanks to the European Parliament, would be confirmed by the European Court of Justice,” explained Othmar Karas in a press release. He is the former EP rapporteur on the CRD IV legislation that...