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Europe Daily Bulletin No. 8501

10 July 2003
GENERAL NEWS / (eu) eu/internal market
Commission sends assent against "anti-EDF" laws in Spain and Italy

Brussels, 09/07/2003 (Agence Europe) - On Wednesday, the European Commission decided to send Spain and Italy formal requests to comply with Community law with regard to the legislation that limits the voting rights on investment in the energy sector by state-owned companies. This legislation, adopted to counter the EDF offensive on the Spanish company Hidrocanábrico and Italian Montedison, are discriminatory and contrary to Article 56 of the Treaty on the free movement of capital, the...

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