UK, US lash out at France, Germany over hedge fund regulation
There is no case for emergency action to crack down on naked selling of credit default swaps, as called for by France and Germany, British authorities said on 10 March. At the same time, the US warned that EU plans to regulate hedge funds could cause a transatlantic rift.
Barroso considers ban on speculation with sovereign debt
The European Commission said on 9 March it will consider banning 'naked' selling of derivatives contracts and Greece said curbs on speculators would be examined by the G20 powers.
Commission: Icesave doesn’t prevent Iceland from starting accession talks
The issue of whether Iceland should reimburse the UK and the Netherlands €3.9bn lost by British and Dutch savers in the Icesave crash is a bilateral one and should not affect the country's EU accession prospects, Enlargement Commissioner Štefan Füle told the European Parliament yesterday (8 March).
LinksDossiers
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In response to the worst crisis in decades, European Union leaders have agreed a common agenda to regulate and supervise global financial markets...
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Stavros Lambrinidis,
MEP & Vice-President , European Parliament
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