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Europe Daily Bulletin No. 8806

14 October 2004
Contents Publication in full By article 15 / 38
GENERAL NEWS / (eu) eu/internal market
Commission brings Germany before Court of Justice on Volkswagen Law - Berlin confident

Brussels, 13/10/2004 (Agence Europe) - On Wednesday; the European Commission decided to bring Germany before the European Court of Justice over various provisions of the 1960 law on the privatisation of Volkswagen (VW law). This State measure, which was based on an agreement concluded in 1959 between the Federal State and the Land of Lower Saxony, prevents shareholders from acquiring over 20% of voting rights, and confers a special blocking right upon any shareholder with 20% of voting...

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THE DAY IN POLITICS
GENERAL NEWS