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Thursday, October 18, 2007

3-month deadline

In one of several infringement procedures, the EU has given Malta a 3-month deadline to open oil market, from The IHT:
The European Commission gave Malta three months to open up its oil market to competition or face legal action at the EU's high court. When Malta joined the European Union in 2004 it committed to adjusting the state monopoly controlling the import, storage and wholesale of petroleum products within two years to prevent discrimination against companies from other EU countries.

The EU's executive body said Malta recently had passed legislation allowing fuel trading licenses to be granted to companies other than state-owned Enemalta, but had not implemented all the necessary measures. "I want to be sure that Malta completes this process," EU Competition Commissioner Neelie Kroes said. "If not, we will have to refer Malta to the European Court of Justice."

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