05/03/2002 (Agence Europe) - Consulted at first reading (codecision) on the draft regulation on the labour cost index, the European Parliament approved the Commission's proposal and asked the matter to be referred to it again if the Commission amends it substantially. The aim is to establish a common framework for developing, forwarding and assessing comparable indices, and the cost is defined as the total of quarterly labour costs to be met by the employer. Rapporteur Miquel Mayol i Raynal...