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Europe Daily Bulletin No. 9667

24 May 2008
Contents Publication in full By article 15 / 28
GENERAL NEWS / (eu) eu/financial services
Several former EU leaders call for 'firm response' to financial crisis

Brussels, 23/05/2008 (Agence Europe) - Several former EU leaders, including Jacques Delors, Paavo Lipponen, Göran Persson, Poul Nyrup Rasmussen, Michel Rocard, Jacques Santer and Helmut Schmidt, sent a message this week to European bodies urging them to come up with a firm response to the current financial crisis, which has exposed business ethics and is endangering the EU economy. Arguing that the crisis clearly demonstrates that the financial industry is incapable of self-regulation, they...

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