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Europe Daily Bulletin No. 9115

24 January 2006
Contents Publication in full By article 22 / 38
GENERAL NEWS / (eu) eu/poland/internal market
Warsaw's blocking of HVB acquisition by UniCredit is violation of free movement of capital, Charlie McCreevy says, calling for explanations

Brussels, 23/01/2006 (Agence Europe) - Internal Market Commissioner Charlie McCreevy hopes to send a letter to the Polish authorities to ensure compliance with European rules on the free movement of capital, his spokesman said on Monday. There is “serious concern” about application of Article 56 of the treaty (free movement of capital) following Warsaw's blocking of UniCredito's acquisition of HVB, the spokesman said, adding that this fundamental principle of the treaty has, as they see...

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