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Europe Daily Bulletin No. 8424

20 March 2003
Contents Publication in full By article 15 / 35
GENERAL NEWS / (eu) eu/corporate law
Germany receives formal request to justify Volkswagen law

Brussels, 19/03/2003 (Agence Europe) - On Wednesday, the European Commission decided to send Germany a formal request to provide justification concerning the "Volkswagen law", which allows the Land of Lower Saxony to keep control of the automobile manufacturer. This long-awaited decision had again been deferred two weeks ago (see EUROPE of 6 March, p.14).

The Commission explains in a press release that it challenges the provisions of the 1960 Volkswagen law which provides that: 1) A...

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