Press Release: Agreement on “Sparkasse”

Author (Corporate)
Series Title
Series Details IP/06/1692 (6.12.06)
Publication Date 06/12/2006
Content Type

The European Commission and the German authorities have reached agreement on a solution for the "Sparkasse" infringement case which is compatible with European Treaty rules. The solution confirms the principle of neutrality of Community law as regards the decision to privatise a public enterprise (Article 295 of the Treaty). It recognises that in the application of national law, Community law has to be respected.

Source Link Link to Main Source http://europa.eu/rapid/pressReleasesAction.do?reference=IP/06/1692&format=HTML&aged=0&language=EN&guiLanguage=en
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