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Europe Daily Bulletin No. 8465

20 May 2003
Contents Publication in full By article 40 / 46
GENERAL NEWS / (eu) eu/internal market
New infringement procedure against Portugal (foreign investments) - Elf Aquitaine: "golden shares" proceedings closed

Brussels, 19/05/2003 (Agence Europe) - On Thursday, the European Commission decided to remind Portugal of its obligation to comply with a Court of Justice ruling of 4 June 2002, which found the procedure for authorising foreign investment in privatised companies to be illegal, whereas the infringement proceedings against France regarding its special shareholding (golden share) in the company Nationale Elf-Aquitaine have been formally closed by the Commission, although Aquitaine had been...

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