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Image header Agence Europe
Europe Daily Bulletin No. 9904
Contents Publication in full By article 19 / 48
GENERAL NEWS / (eu) eu/internal market

Portugal referred to Court over European legislation on UCITS investment funds

Brussels, 18/05/2009 (Agence Europe) - On Thursday 14 May, the European Commission decided to continue a number of internal market infringement procedures against four member states (Austria, Greece, Poland and Portugal). Portugal will be referred to the European Court of Justice for failure to communicate its measures transposing the Eligible Assets Directive which indicates the assets eligible for investment by UCITS under directive 85/611/EC. Greece and Austria have been asked to provide...

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