login
login
Image header Agence Europe
Europe Daily Bulletin No. 8829
Contents Publication in full By article 10 / 29
GENERAL NEWS / (eu) eu/terrorism

United States welcomes EU's "excellent progress" towards control of movement of capital, but do not comment on threshold

Brussels, 17/11/2004 (Agence Europe) - Stuart Levey, American Under Secretary for the Treasury in charge of terrorism and financial intelligence, has welcomed as an "excellent step" the common position adopted on Tuesday by the Ecofin Council on controls on movements of cash on the borders, entering and leaving the European Union (see below). However, he declined to comment on the threshold, set at 10,000 EUR by the ministers, compared to the European Commission's proposal of 15,000 EUR. The...

Contents

THE DAY IN POLITICS
GENERAL NEWS