Brussels, 18/01/2007 (Agence Europe) - On Thursday, the Commission opened consultation on whether there is a need to reform rules on auditors' liability in the EU. The four possible reform options presented by the Commission are based on an economic impact study published by an external consultant, London Economics, in October 2006, which was in favour of restricting auditors' liability but recommended that no harmonised action be taken at European level (EUROPE 9281). Commissioner McCreevy...