Brussels, 02/06/2010 (Agence Europe) - On Wednesday 2 June 2010, the European Commission unveiled draft legislation amending EU Regulation 1060/2009/EC on credit rating agencies, whose role of issuing ratings of countries' ability to pay their sovereign debts is currently under the spotlight. The main aim of the new legislation is to give a new European supervisory authority - the European Securities and Markets Authority (ESMA) - to be set up as part of the EU's financial supervision...