Germany to exempt EU groups from investment limits law

11 Jan, 2008

Germany will bow to pressure from the European Commission and amend a proposed law on foreign investment limits to exempt EU-based investors, a press report said Thursday.
Draft German legislation that would allow the government to limit foreign investments in strategic sectors to 25 percent of a company's capital would not apply to investors based in the 27-member European Union, the Frankfurter Allgemeine Zeitung newspaper said, quoting sources close to the government.

Read Comments