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Reply #10: EU scraps disputed services bill clause [View All]

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EuroObserver Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Feb-16-06 06:43 AM
Response to Reply #5
10. EU scraps disputed services bill clause
STRASBOURG, France (Reuters) - The European Parliament voted on Thursday to throw out the most controversial part of a draft EU measure to open Europe's vast market in services to cross-border competition.

The lawmakers voted by a large majority to ditch the so-called "country of origin" principle which would have allowed service firms to operate anywhere in the 25-nation bloc according to their home country laws only.

The clause, included in the original bill proposed by the European Commission, had raised fears in western Europe of a "race to the bottom" in wages and labour standards due to an influx of lower-cost firms from central and eastern Europe.

...little more...
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