GREECE MOTOR INSURANCE
October 1st, 2004
BY KEITH NUTHALLTHE EUROPEAN Commission has formally threatened Greece with a European Court of Justice (ECJ) case over its requirement that companies providing local third-party motor insurance must belonging to the Greek national association of insurance companies.Brussels said this could "risk preventing or discouraging insurance companies from other (EU) member states from entering the Greek market, and thus a risk of restricting competition on prices and on the access of policyholders to a wider selection of companies". It added that policyholders in Greece ...
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