Brussels, 07/04/2005 (Agence Europe) - Charlie McCreevy has criticised credit rating agencies which, he says, “have not always covered themselves with glory”. For now, however, he rules out any regulatory initiative at European level, The Financial Times reports on Tuesday. Nonetheless, the European Commissioner for the internal market pointed out that the industry is now under surveillance. While dismissing the hypothesis of a legal framework, he therefore decided to follow the advice...