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Europe Daily Bulletin No. 7648

4 February 2000
Contents Publication in full By article 12 / 48
GENERAL NEWS / (eu) eu/court of justice
Italy asserts having ended the Treasury Minister's "special powers" in the privatised public sector companies, Commission has its doubts

Luxembourg, 03/02/2000 (Agence Europe) - The Court of Justice has just heard the different parties arguments in the case opposing the European Commission and Italy over the special powers - the "golden shares" that Italian legislation grants to the Treasury Minister (tesoro) in the privatisation of public companies. The Commission believes that it is against the principle of the free movement of capital, Law Nº 474 of 1994, that gives the Minister the power of veto in all acquisitions of...

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THE DAY IN POLITICS
GENERAL NEWS
ECONOMIC INTERPENETRATION