EUROPE - The EU Commission is taking action against the Czech Republic, Hungary and Poland over incorrect implementation of the Institutions for Occupational Retirement Provisions (IORPs) directive, while legal action against three countries for failure to notify the commission on implementation has been dropped.
A source said the Czech Republic, Hungary and Poland were being sought after over the implementation issue.
But while EU commissioner Charlie McCreevy said today in a speech that court cases had been launched in the European Court of Justice against three EU member states for not notifying the commission of their national implementation of the directive, a spokesperson at his office later confirmed the cases had been dropped because notification was received.
While he would not name the three countries involved, in April, the commission issued Reasoned Opinion letters to the UK, Italy and Slovenia, stating that failure to respond to these letters would lead to the legal action being taken.
It has now emerged that Reasoned Opinion letters could also be sent to the Czech Republic, Hungary and Poland after they carried out the wrong implementation of the IORPs directive.
Legal action is therefore just a step away for these three countries since the commission said that although they had transposed the directive, this exercise was not carried out in its entirety.
The commission has now demanded the three countries transpose the whole of the directive into their national laws, even though they currently do not currently have second pillar pensions in their countries.
The Czech Republic, Poland and Hungary have until mid-December to respond before the commission issues Reasoned Opinion letters.
Questioned on the state of affairs, a source claimed there was a lot of confusion surrounding the action being taken and the court cases being filed, but refused to comment in detail
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