THE EUROPEAN Union's Council of Ministers has unanimously agreed the proposed directive on insurance mediation, a decision that almost guarantees its passage into EU law. The proposal will now receive a second reading by the European Parliament; if it does not make many changes, final approval could come before Brussels' political summer recess.

Frits Bolkestein, internal market commissioner at the European Commission welcomed the move, saying: "The proposed directive will make it easier for insurance intermediaries to sell their ...

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