The ECJ validates the European co-operative society and by doing so secures the statute of the European society

Ina ruling of last 2 May, the ECJ rejected the demand for cancellation made by the European Parliament against the regulation on the European co-operative society (ECS). This validation by the European judge of the legal base of this regulation permanently draws aside the threat of a questioning of the other large statute of European law which rested on the same basis: the European society. (Ref. 06435)
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The Parliament had let the regulation on the European company pass. Its preparation had been too long to risk reopening the debate on it. On the other hand, the Parliament threatened to use the legal weapon when the Council of Ministers, for the second time, mobilized a legal base which notably caused to keep the Parliament away from the adoption procedure. Article 308 of the Treaty of the European Community gives relatively little power to the European Parliament, which is simply consulted.

The

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