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Europe Daily Bulletin No. 8753

23 July 2004
Contents Publication in full By article 35 / 42
GENERAL NEWS / (eu) court of justice
France found guilty of failure to transpose directive on transparency of Member State/public enterprise financial relations

Luxembourg, 22/07/2004 (Agence Europe) - France should have transposed the European directive of 26 July 2000 on financial transparency between Member States and enterprise by 31 July 2001. For not having done so, the Court of Justice finds it guilty of failing to comply.

The French government did not challenge the fact that it had not taken the transposition measures necessary but pointed out that a proposal of legislation and a draft decree for application of that legislation were soon to...

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