Cyprus risks to pay a fine of 6,000 euros per day

The European Commission is referring Cyprus and the Netherlands to the Court of Justice of the European Union for failing to notify national measures to implement EU rules easing access to justice in cross-border legal disputes. The Mediation Directive applies when two parties involved in a cross-border dispute voluntarily agree to settle their dispute using an impartial mediator. The deadline for transposing the Directive into national law was 21 May 2011. The Commission proposes a daily fine of 6.758,40 euros for Cyprus, and 70.553,60 euros for The Netherlands which would be paid as from the date of the Court's affirmative ruling until the Member States concerned notify the Commission that they have fully implemented the rules into national law.