EU – EC proposes a directive on restructuring and the ETUC welcomes it


According to the IR Share Notes 65, from December 7, ‘The European Commission on 22 November presented a proposal for a directive on preventive restructuring frameworks, a second chance and measures to increase the efficiency of restructuring, insolvency and discharge procedures. The initiative was welcomed by the European Trade Union Confederation, albeit with a certain number of reservations. The proposal must now be adopted by the Council and the Parliament.’

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