Thursday 5 June 2008

Europe: Commission begins infringement proceedings against Germany

The European Commission has begun infringement proceedings against Germany following its failure to comply with the European Court of Justice's decision in Commission of the European Communities v Federal Republic of Germany (Case C-112/05).  The European Court of Justice held that several parts of the so-called "VW law" breached the EC Treaty provisions on the free movement of capital.  Further information is available in this press release from the Commission and this report from the UK's Times newspaper

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