Germany Will Defend VW Law in European Court, Handelsblatt Says
Stock Chart for Volkswagen AG (VOW)
Germany will “aggressively” defend at the European Court of Justice a law that grants the German state of Lower Saxony’s veto rights in major decisions at Volkswagen AG (VOW3), Handelsblatt reported, citing the country’s Economy Minister Philipp Roesler.
The so-called Volkswagen law was already revised in 2008 to meet the court’s expectations, and Germany supports it “unequivocally” against renewed European Union attempts to overturn it, Roesler said, according to Handelsblatt.
To contact the reporter on this story: Alex Webb in Dusseldorf, Germany, via email@example.com
To contact the editor responsible for this story: Chad Thomas at firstname.lastname@example.org
Bloomberg reserves the right to edit or remove comments but is under no obligation to do so, or to explain individual moderation decisions.