---------- Forwarded message ---------- Date: Fri, 24 Oct 1997 20:36:06 +0100 GMT From: [EMAIL PROTECTED] To: [EMAIL PROTECTED] Subject: EUROPEAN COMPANY STATUTE Resent-Date: Fri, 24 Oct 1997 20:36:19 +0100 Resent-From: [EMAIL PROTECTED] Resent-To: [EMAIL PROTECTED] European Company Statute. The Luxembourg Presidency has already worked out a draft compromise on the worker participation strand of the European Company Statute. It reflects proposals presented by the Davignon Group (presided over by the former Belgian Industry Commissioner, Etienne Davignon, to consider workers' participation and information on company decisions affecting them), which handed in a report on this subject last May (see European Report Number 2223). Given the complicated nature of this issue, the Presidency is hoping to focus the talks on the negotiating independence of management and employees. The Davignon Group recommended that management and workers' representatives should negotiate, on a case-by-case basis, a system of information/consultation for workers in each European Company. If, after three months, the parties are unable to agree, a set of reference measures would be implemented. The Ministers will therefore be called upon to specify if the negotiating parties have a completely free hand as regards what the agreement contains. This would help avoid the need to apply the reference measures. In the opposite case, limits would have to be set for the parties' freedom to negotiate (see European Report Number 2254).
