Brussels, 15/11/2011 (Agence Europe) - By a wide majority on Tuesday 15 November, the European Parliament confirmed the interinstitutional agreement to virtually ban speculation in credit default swaps (CDS) used to hedge against the danger of a country defaulting on its debt (see EUROPE 10477). Pascal Canfin (Greens/EFA), the EP rapporteur, described the vote as a victory for the EP because for the first time since the outbreak of the financial crisis, Europe is banning a financial product,...