ECJ formally warns Britain about non-compliance with accounting directive, but government hopes to avoid legal action
The British government is confident that it will avoid legal action from the European Commission at the European Court of Justice (ECJ), which has formally warned the UK and five other European Union (EU) about not implementing a key accounting directive.
The Commission said Britain, Belgium, Spain, Italy, Netherlands and Luxembourg had failed to properly reply to letters in March which stated that they were in breach of Directive 2003/51/EC. It has given them a two-month deadline to solve the problems or possibly face ECJ action.
See full Article.
Posts
