Brussels, 07/04/2006 (Agence Europe) - The Commission has decided to continue infringement procedures against four Member States in the banking, energy and telecoms sectors.
Energy. The Commission will refer Spain to the EU Court of Justice for failure to apply rules on the free movement of capital. A 1999 Spanish law, amended in 2003, restricts state companies' voting rights as soon as they hold more than 3% of Spanish energy sector firms. This law allows the authorities too much...