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Image header Agence Europe
Europe Daily Bulletin No. 9472
GENERAL NEWS / (eu) eu/financial services

Commission looks into concerns that third-country state-run investment funds might buy European companies

Brussels, 19/07/2007 (Agence Europe) - “This is a totally new situation”, that the Commission has already begun to look into, said the spokesman for Charlie McCreevy, the European internal market commissioner, on Thursday 19 July. He was speaking of investments made in the EU by major third country sovereign funds. Pointing out that this kind of fund must be treated equally with other private investment funds in accordance with the EU Treaty, he nonetheless acknowledged there was some...

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