Brussels, 09/06/2010 (Agence Europe) -Chancellor of Germany Angela Merkel, and President of France Nicolas Sarkozy are urging the European Commission to speed up its work on new EU rules on short-selling and naked credit default swaps (CDS) to hedge against the risk of a country defaulting on its sovereign debt. In a joint letter to the Commission published on Tuesday 8 June, they write: “Considering recent market developments, we believe there is an urgent need for the Commission to speed...