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Europe Daily Bulletin No. 9695

3 July 2008
A LOOK BEHIND THE NEWS / A look behind the news, by ferdinando riccardi
Angela Merkel calls for "Euro system" to carry more weight in defining new international rules on financial market management

I wonder whether the recent declarations of Angela Merkel on the management of the international financial markets got the attention it deserved. The banking and financial worlds no doubt noticed them (and pondered them at length), but I'm not aware of any reactions from political leaders or discussions at the European Parliament (or in the competent Parliamentary committee, even though it is chaired by a highly attentive person). What, in essence, did the German Chancellor say?

Taking...

Contents

A LOOK BEHIND THE NEWS
THE DAY IN POLITICS
GENERAL NEWS