Projects: One size fits all
With the publication of its Green Paper on public private partnerships, the European Commission has raised the possibility of creating a new single layer of legislation governing the use of PPPs in the European Union. But is it really necessary? Robert Phillips and Susan Booth report
On 30 April, 2004, the European Commission (EC) published its Green Paper on public private partner-ships (PPPs), inviting responses by the end of July. The big question it posed was whether there was a need for a specific community law for PPPs. Would specific legislation result in clarity, or in further complexity? And does the UK private finance initiative (PFI) market have anything to fear?
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