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Germany: Commission Draft Delegated Regulation On Level II Implementing Measures Supplementing AIFMD - P+P Pöllath + Partners

On December 19, 2012 the European Commission adopted its draft Delegated Regulation ("Level II Regulation") supplementing Directive 2011/61/EU ("AIFMD").

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Found more than 1 month ago on channel Mondaq

Germany: ESMA published draft guidelines on key concepts of the AIFMD - P+P Pöllath + Partners

On December 19, 2012 the European Securities and Market Authority published two consultation papers on the Directive on Alternative Investment Fund Managers.

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Found more than 1 month ago on channel Mondaq

European car sales plummet, even in solid Germany

MILAN -- Europe's auto market is in freefall. Once the motor for Europe's economy, the car industry has fallen victim to the region's widening recession and soaring unemployment. Carmakers have suffered 18 straight months of declining sales as people worried that they might soon be out of a job put off making big purchases....

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Found 1 month ago on channel Associated Press

Germany puts brakes on EU bank union with treaty call

DUBLIN - Germany said European banking union will require changes to EU law, in a call that could slow completion of the plan designed to underpin the euro currency.

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Found 1 month ago on channel Reuters

GM renews commitment to loss-making European brand Opel

RUESSELSHEIM, Germany - General Motors renewed a commitment to its loss-making European brand on Wednesday, pledging to invest 4 billion euros ($5.2 billion) in Opel by the end of 2016 to support new model launches.

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Found 1 month ago on channel Reuters