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Image header Agence Europe
Europe Daily Bulletin No. 8990
Contents Publication in full By article 19 / 31
GENERAL NEWS / (eu) eu/internal market

Spain has to comply with Community law on free movement of capital

Brussels, 13/07/2005 (Agence Europe) - This week-the Commission sent Spain two formal requests to comply with a European Court of Justice ruling of 13 May 2003, involving its privatisation Law. This also involves Royal Decrees on Repsol SA, Telefónica de España SA, Telefónica Servicios Móviles SA, Argentaria, Tabacalera SA, and Endesa SA, in so far as they implement a system of prior administrative approval. The Court believes that certain provisions of the Spanish law in question...

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