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Europe Daily Bulletin No. 8987

9 July 2005
Contents Publication in full By article 20 / 33
GENERAL NEWS / (eu) ep/financial services
MEPs feel that EU should only legislate if compensation and delivery versus payment market fails

Strasbourg, 08/07/2005 (Agence Europe) - In Strasbourg on Thursday, the Parliament adopted the own-initiative report by Piia-Noora Kauppi (EPP-ED, Finland) on compensation and delivery versus payment in the European Union. This report does not take position clearly in favour or against a European legislative initiative in this field, but such an initiative should only come into play if the "failure of the market is a reasonable fear", the resolution reads. Furthermore, the Parliament is not...

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