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Europe Daily Bulletin No. 8905

10 March 2005
Contents Publication in full By article 25 / 26
GENERAL NEWS / (eu) eu/court of justice
Advocate General Kokott rules Italian “golden shares” law is in breach of EC Treaty

Luxembourg, 09/03/2005 (Agence Europe) - The Advocate General Juliane Kokott has ruled that Italy is in breach of the rules of the EC Treaty with the restrictions it has imposed on shareholders' voting rights when the shareholders are businesses under the State control of other Member States. She is targeting article 1 of the decree-law of 25 May 2001 (subsequently converted into a law), which provides “emergency provisions” to safeguard the liberalisation and privatisation processed of...

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