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Article: EUROPEAN COMPANY: SOME PROGRESS SOON ON STATUTE?
- Article from:
- Transport Europe
- Article date:
- October 19, 1995
CopyrightCOPYRIGHT 1995 Europe Information Service. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Summary:
The EU Internal Market Commissioner, Mario Monti, is due to propose - sometime during the coming month - a Communication to his Commission colleagues on the European Company Statute, in an effort to finally secure agreement on the draft Regulation and associated Directive and break a 25-year-old deadlock over plans to create a European Company established under Community, rather than national, law. The main point that has blocked progress for years has been the proposed Directive on involving employees in major decisions taken by a European Company.
Because the EU Directive on Works Councils, which deals with worker consultation, has finally been ...