EUROPEAN COMMISSION THREATENS FINES OVER GERMANY VW LAW ROW
November 1st, 2008
BY KEITH NUTHALL
THE EUROPEAN Commission has given Germany a legal final warning today that if it does not liberalise its Volkswagen liberalisation law it will probably ask the European Court of Justice (ECJ) to impose massive daily recurring fines of Euro 1,000s.
In a 'reasoned opinion' note, Brussels argues that by allowing special rights to control VW for the regional government of Lower Saxony and potentially itself, the German government has breached European Union (EU) treaty commitments on the free movement of capital between member states. "Germany ...
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