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Image header Agence Europe
Europe Daily Bulletin No. 10091
Contents Publication in full By article 10 / 31
GENERAL NEWS / (eu) eu/financial services

Commission quizzes regulators and financial industry about use and abuse of derivatives in Greek budget crisis

Brussels, 04/03/2010 (Agence Europe) - On Friday 5 March 2010, the European Commission will be quizzing representatives of various public authorities (national supervisors, national central banks and the international Monetary Fund) and key players in the financial industry (investment funds and ratings agencies) to understand how the derivatives markets operate and how they impact on the cost of funding the Greek sovereign debt crisis. On Thursday 4 March, a spokesperson for EU Internal...

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