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Europe Daily Bulletin No. 10064

27 January 2010
GENERAL NEWS / (eu) eu/internal market
Charlie McCreevy does not believe there should be single European supervisory framework for financial services sector

Brussels, 26/01/2010 (Agence Europe) - The outgoing commissioner for the internal market, Charlie McCreevy, has expressed scepticism about the possibility of having, in time, a single European supervisory framework in the field of financial services. During an interview with the Irish Independent, he said: “It is illogical to try to have a single market without having a single supervisory framework. But there will have to be national supervision as part of that, because the national...

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