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Word: counterclaims (lookup in dictionary) (lookup stats)
Dates: during 2006-2006
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...years of privatization. "It's a sort of harassment, a brutal infringement on the political independence" of the bank, Balcerowicz says. But that isn't all: the government has mounted a legal challenge against the European Commission for approving the UniCredit merger, prompting the Commission to file a counterclaim of its own. "That's a very symbolic gesture, and a bad signal," says Aurore Wanlin, a fellow at the Center for European Reform in London. "It's much better to simply talk through the problem. The government has a lot to learn." According to critics, the suit shows...

Author: /time Magazine | Title: Volume On High | 4/16/2006 | See Source »

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