Remuneration of Directors - Dossier Economic Policy Committee Reopens Debate

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Commissioner Joaquin Almunia did not hide his disappointment during the Ecofin Council regarding the low degree of application by member states of the European Commission's 2004 recommendations. In July 2007, a report had already expressed the Commission's regret that the issue of the divulgation of remuneration has not made clear progress, save a "small number of member states".

On 23 April, the Economic Policy Committee (EPC) once again drove home the point. In a note for the attention of the Eurogroup, the EPC believes that the level of implementation of the Commission's recommendations "differs substantially" from one country to another. Concerning the performance …