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Image header Agence Europe
Europe Daily Bulletin No. 13538
Contents Publication in full By article 26 / 31
NEWS BRIEFS / Finance

Member States’ EU ambassadors agree on partial general approach to harmonisation of insolvency rules

04/12/2024 (Agence Europe)On Wednesday 4 December, the Hungarian Presidency of the EU Council announced that the Member States’ ambassadors to the EU (Coreper) had agreed on a text in order to “reach a partial general approach” on the directive harmonising certain aspects of insolvency law, proposed by the European Commission in December 2022 (see EUROPE 13079/2, 13432/10). The recommended reforms are considered essential to complete the integration of European financial markets, but are the subject of difficult negotiations (see EUROPE 13474/11)(BD)

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