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Image header Agence Europe
Europe Daily Bulletin No. 9371
Contents Publication in full By article 21 / 28
GENERAL NEWS / (eu) eu/financial services

Charlie McCreevy repeats his opposition to European regulation on hedge funds

Brussels, 21/02/2007 (Agence Europe) - In an interview to the Financial Times on Tuesday 20 February, Charlie McCreevy declared: “Hedge funds and private equity are good for the market”. The commissioner for the internal market again defended the activities of these funds on the financial markets, in response to those in the EU who have spoken out against the risk these funds could have on market stability. He gave the following analogy: “Suppose we could decide what we are regulating....

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