Eu commission sues germany for vw law

With a penalty of at least 50 million euros, the eu commission wants to force the federal republic in the continuous roll around the vw law in the knees. According to the eu commission, the scheme deters potential investors, hinders innovations and could lead to rising prices. These arguments introduced the brussels authority on tuesday in a mordial negotiation at the european court of justice (ecj) in luxembourg. The dispute revolves around a pas, which ensures the state of lower saxony as a shareholder of the carmaker volkswagen a veto right in important decisions.

The dispute parties meet for the second time before the highest eu court: in 2007, the eu commission had complained against germany and forced the federal government for amendments to the law. According to the commission, germany is not sufficiently complied with its duty – so the author complained again (case c-95/12). If the ecj is right the eu commission, germany had to pay a million sentence. The verdict is expected in autumn 2013.

The representative of the federal government, jurgen schwarze, held, on the other hand, germany has implemented the judgment correctly. In hanover, vw works council bernd osterloh also gave himself a camphoric. "We continue to have a good reason to stick to the vw law. And if necessary, we will also fight for the survival, "said osterloh the news agency dpa at tuesday evening. The contentious pas of the law requires a majority of 80 percent for important decisions in the vw annual general meeting – this is more than the threshold intended in the stock law. Lower saxony hold around 20 percent of the voting rights.

Black argued, the court did not denote this barrier minority in its first judgment individually, but only in connection with a limitation of voting rights to a maximum of 20 percent per shareholder. But this had been deleted now. "In this case, the commission ames a verdict to the court, which he did not evaporate the tenor," said the representative of the federal government. "Overall, i come to the evaluation that the quorum contested alone does not hinder the capital."

Commission representatives gerald braun, on the other hand, was a too close interpretation, "which does not do justice to the judgment and ignores the reasoning". The lawyer oliver sauer, speaker at the center for european politics in freiburg, sees the opportunities for germany in court rather low. "I was tapping that the federal government is rather bad cards," sauer said dpa. However, the formulation in the first judgment is not quite clear. On the 29th. May, the influential reviewer wants to give its recommendation at the european court of justice.

Black said on tuesday, germany will implement a valid judgment as soon as possible – a legislative change was possible despite the name of the federal election until the end of the year. Time is possible for money: in addition to the millions of penalty, the commission wants for every day from the judgment of the judgment to the implementation of a penalty of around 280.Let 000 be set.