Jeremy Fleming Editing by Daniela Vincenti

Euro & Finance 26-10-2011

Commission defends suspension of credit ratings

The Commission yesterday (25 October) defended proposals to suspend the activity of ratings agencies when necessary, attracting severe criticism from the industry over the issue.

Budget battle boon to Van Rompuy

Negotiations over the Multi-annual Financial Framework (MFF) for 2014-2020 are likely to spread until at least October next year, paving the way for the full-time president of the European Council to preside the talks and for Herman Van Rompuy to be reconfirmed in his role at the end of his first mandate, next May.