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Image header Agence Europe
Europe Daily Bulletin No. 7928
Contents Publication in full By article 16 / 50
GENERAL NEWS / (eu) eu/financial markets

Coreper said to agree on draft resolution on Lamfalussy report - withdrawal of aerosol clause

Brussels, 21/03/2001 (Agence Europe) - EUROPE has reason to believe that Coreper agreed on Wednesday on a draft Council resolution on the Lamfalussy report on the regulation of financial markets. According to convergent sources, the European Commission managed to have the "aerosol clause" withdrawn from the text, at Germany's request. The clause would have allowed the Council to block its proposals of measures of implementation by a simple majority. It is not to be ruled out that this...

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