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| 18 mar 2010 |
14:14 |
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Commission acts to remove restrictions on investment in agricultural real estate in Austria
The European Commission has today acted to remove restrictions on investment in agricultural real estate in Austria. Under regional rules, an authorisation procedure is required for the acquisition of land previously used for agricultural purposes and of shares in companies owning agricultural plots. In the Commission's view, the restrictions are unjustified and breach EU principles of free movement of capital and freedom of establishment.
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