On Thursday 1 February, the German Ministers of Justice and Finance published a joint letter in which they stated their opposition to the text of the provisional agreement on the directive governing companies’ due diligence. An unexpected statement, given that the text of the agreement was finalised less than a week ago (see EUROPE B13339A17).
The negotiations were tough, with the last trilogue lasting almost 13 hours (see EUROPE B13314A12). A further month was needed to clarify the...