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Europe Daily Bulletin No. 8564

16 October 2003
Contents Publication in full By article 21 / 36
GENERAL NEWS / (eu) eu/takeover bid
Presidency sounds out Member States on public takeover bid directive with "opt out" clause on defence measures

Brussels, 15/10/2003 (Agence Europe) - The debates on the public takeover bid directive still seem to be blocked in Council. On Wednesday morning, the Italian Presidency heard the national positions on the broad lines of a compromise during a restricted meeting of Member State representatives. The aim is to reach an agreement before end October with a view to the Competitiveness Council in November. No delegation seems to have clearly applauded or rejected the compromise which, in practice,...

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