Strasbourg, 15/03/2002 (Agence Europe) - The European Parliament has worked out a compromise with the Council by adopting the report of Green MEP, Alain Lipietz (France), on the Directive that will require financial conglomerates (groups operating in the banking, investment or insurance sector) to have sufficient amount of their own funds. He reduced the threshold for financial activities for companies that can be considered conglomerates from 40%-50%. If the Commission found this...