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Image header Agence Europe
Europe Daily Bulletin No. 9874
Contents Publication in full By article 34 / 42
GENERAL NEWS / (eu) court of justice

Court rules against golden share held by Italian state in public service companies

Brussels, 01/04/2009 (Agence Europe) - On Thursday 26 March, the Court of Justice of the European Communities ruled against the golden share that the Italian state continues to hold in privatised companies such as Eni, Enel, Finmeccanica and Telecom Italia. The judges take the view that the Italian legislation does not sufficiently set out the criteria of general interest which justify the exercise of special powers granted to the Public Treasury and which consequently constitute an...

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