Brussels calls for more company disclosure to works councils

Article reports that the European Commission is proposing that companies planning to restructure their business or involved in merger plans could be forced to disclose more information to workers' representatives.

The European Commission adopted 2 July 2008 a legislative proposal to improve the role of European Works Councils in informing and consulting employees. European Works Councils (EWCs) currently operate in 820 major companies across the EU, covering some 14.5 million employees.

ESO: Background information http://www.europeansources.info/record/press-release-commission-invites-social-partners-to-negotiate-about-european-works-councils/

European Commission: Press Release: IP/08/1073: 14.5 million employees to benefit from improved information and consultation rights http://europa.eu/rapid/pressReleasesAction.do?reference=IP/08/1073&format=HTML&aged=0&language=EN&guiLanguage=en

European Commission: MEMO/08/468: Proposal to review legislation on European Works Councils http://europa.eu/rapid/pressReleasesAction.do?reference=MEMO/08/468&format=HTML&aged=0&language=EN&guiLanguage=en

European Commission: DG Employment, Social Affairs and Equal Opportunities: Labour Law : Information and Consultation of Workers http://ec.europa.eu/employment_social/labour_law/directives_en.htm#Infocons

ESO: Background information: European Works Councils http://www.europeansources.info/record/european-works-councils-3/

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