14/09/2007 (Agence Europe) - After the debate last week in plenary (see EUROPE 9495), and the discussions with Joaquin Almunia, Charlie McCreevy and Jean-Claude Trichet at the European Parliament's Economic and Monetary Affairs Committee this week (see EUROPE 9499), the Socialist Group at the European Parliament is calling for increased surveillance of the money markets. In a press release published on 14 September, Ieke van den Burg (PES, the Netherlands) said 'We need more preventive tools and preventive action, both for the central banks and for the regulatory authorities. this cannot be done in the present fragmented system. You need oversight at higher level'. Her British Labour colleague Peter Skinner added that 'politicians would be failing if they did not see now what pressures they need to bring on the regulatory authorities and the actors within the market'. (ab)