Although even according to the Spanish, the Madrid government's veto in the Talgo case is contrary to the principles of the internal market, the European Commission has declared that it will not intervene because the political decision does not violate EU treaties.
The European Commission will not intervene in the case of the veto imposed by the Spanish government in connection with the purchase of Hungarian Ganz-MaVag Talgo, despite the fact that this decision is contrary to the principles of the internal market, reports ABC's correspondent in Brussels.
According to the Spanish newspaper
Brussels claims that the measure is the exclusive competence of the Spanish government and that the steps taken so far are within the principles of the EU treaties.
The left-wing cabinet made the Hungarian takeover deal of the century impossible for political reasons. After eight months of delay, Madrid's official excuse was that there was a national security reason for the veto, because Talgo has a patent for automatic track changes, which allows trains to adapt to traffic in any European country.
A previous ABC article notes that the Russo-Ukrainian war also proves that the railway is of great importance in armed conflicts, and the Spanish will probably refer to the European Court of Justice that they are afraid that the technology could end up in the hands of the Russians through Hungary.
Ganz-MaVag has already indicated that it will go to court, and the Spanish Association of Minority Shareholders of Listed Companies is doing the same, because it sees the government's decision as putting Talgo's future in jeopardy.
The Spanish papers wrote that if Hungary turns to the European Court of Justice in the case, it will surely be right, even if Madrid is ideologically closer to it than Budapest.
Featured image: MTI/EPA/Olivier Hoslet
