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Europe Daily Bulletin No. 8763

6 August 2004
GENERAL NEWS / (eu) eu/governance
Commission recommendation on company directors' pay will not call for regulation

Brussels, 05/08/2004 (Agence Europe) - Originally, the Commission had not intended to recommend that Member States take binding legislative measures and it is pleased that the question is being asked in consultation. This was how the European Commission's spokesman's department reacted on Thursday - although not denying that the Commission was moving toward more flexible measures - to information in The Financial Times that same day whereby the Commission had reviewed its ambitions downward...