Brussels, 28/11/2003 (Agence Europe) - On Thursday, the Competitiveness Council adopted a political agreement on the car insurance directive with a compromise on damages paid to victims, that could be accepted by Parliament in second reading.
Proposed in June 2002, the directive increases the ceilings for indemnities and facilitates insurance coverage during long term stays outside the State where the vehicle is registered. It also allows the background of the insurance holder to be...