Brussels, 17/05/2011 (Agence Europe) - On Tuesday 17 May 2011 the ECOFIN Council reached agreement in principle on a draft EU regulation introducing rules for short-selling and sovereign debt CDS (credit default swaps) (see EUROPE 10377). The acting chair of the ECOFIN Council, György Matolcsy, said agreement had been reached based on the compromise solution presented by the Hungarian Presidency. In a joint statement, the European Commission and the ECOFIN Council pledged to take account of...