Brussels, 09/07/2001 (Agence Europe) - Positive and negative, the stances on the rejection of the takeover directive by the European Parliament (see EUROPE of 5 July, p.7) generally aim at asking the European Commission to submit a new draft.
The EU's Banking Federation is "very disappointed" at the rejection of a directive that would have "facilitated commercial and industrial restructuring in Europe, freeing capital and labour to maximise economic efficiency, employment and growth". The...