European Commission Given Intercession in Icesave

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European Commission Given Intercession in Icesave

icesave-logoThe EFTA Court in Luxembourg granted the European Commission (EC) permission to intercede in the case of the EFTA Supervision Authority (ESA) against Iceland in its dispute with British and Dutch authorities over Landsbanki’s Icesave deposits yesterday.

The EC requested intercession at the end of March and yesterday the EFTA Court ruled that the EC has the authority to participate in the court proceedings and access all dossiers, visir.is reports.

The verdict was signed by Carl Baudenbacher, president of the EFTA Court, and court secretary Skúli Magnússon.

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ESA