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Image header Agence Europe
Europe Daily Bulletin No. 8160
Contents Publication in full By article 30 / 47
GENERAL NEWS / (eu) eu/takeovers

Germany will defend Volkswagen against Takeover Directive

Brussels, 27/02/2002 (Agence Europe) - Contacts between Internal Market Commissioner Frits Bolkestein and German Finance Minister Hans Heichel, this week in Berlin, regarding public procurement offers, were "disappointing", according to the Commissioner's spokesperson. Chancellor Schröder even took the defence, on Tuesday, of the "Golden Share" system, which allows the regional State of Lower Saxony to have a right of veto on the Volkswagen management board with only 19% of the share...

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