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Image header Agence Europe
Europe Daily Bulletin No. 8334
Contents Publication in full By article 15 / 31
GENERAL NEWS / (eu) eu/ecofin

Council reaches political agreement on the "prospectus" directive

Brussels, 05/11/2002 (Agence Europe) - The Ecofin Council reached political agreement by qualified majority on the "prospectus" directive, which will enable enterprises to provide a single financial prospectus, valid for the entire EU, when placing shares or making bids on European stock exchanges. Commissioner Frits Bolkestein noted that the compromise proposed by Council President Thor Pedersen "fully satisfies no one" but allows balance between the Member States' positions on the...

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