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Europe Daily Bulletin No. 8413

5 March 2003
Contents Publication in full By article 21 / 35
GENERAL NEWS / (eu) eu/internal market
Commission may open procedure relating to Volkswagen on Wednesday

Brussels, 04/03/2003 (Agence Europe) - On Wednesday, the European Commission is expected to decide whether or not to open proceedings against the German law that allows the Land of Lower Saxony to hold minority blocking shares in Volkswagen, it was confirmed by Community sources. The Land holds 18.5% of the capital of the car maker, and a right of veto that allows it to prevent a hostile takeover bid and to guarantee local employment. After procedure opened against "golden shares" in Italy,...

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A LOOK BEHIND THE NEWS
THE DAY IN POLITICS
GENERAL NEWS