UK / EUROPE - The European pensions directive will not be completed before the end of the Spanish presidency in June or even before the end of the year, according to Theresa Villiers deputy leader of the Conservatives in the European Parliament and spokesman on economic affairs.
Brussels recently issued a warning concerning the slow progress of the pensions directive in view of the year-end deadline. But, Villiers, Conservative MEP for the London region, said in an exclusive interview with IPN: “There seems to be no progress on the pensions directive. I know the Spanish have got various meetings about it but I think we’re a long way off any kind of agreement. I can’t see it happening this year.”
Denmark takes over the next presidency. She said of the Danes: “They’ll be quite interested in these issues. But, I’m pessimistic about the pensions directive. I would say ‘not for the foreseeable future.’ I just can’t see there being agreement on it. So if we get something it could be years in the future.”
By Luke Clancy
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