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Romania breaks again EU regulations on re-insurance. EC opens second stage of infringement procedures

de Radu Rizea     HotNews.ro
Vineri, 6 iunie 2008, 16:24 English | Top News


The European Commission opened the second stage in the infringement procedures against Romania for breaking the community regulations on re-insurance. The 2005/68/CE norms regulate the situation of specialized enterprises that do not sign direct insurance policies. The term for applying the norm was December 10, 2007. Lacking a satisfactory response within two months after the regulation is published, the Commission may open lawsuits in the European Court of Justice.






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