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Europe Daily Bulletin No. 9753

3 October 2008
A LOOK BEHIND THE NEWS / A look behind the news, by ferdinando riccardi
Europe plans to take initiative of new global monetary and financial rules alongside urgent measures to face up to crisis

Several member states consider that Europe must play either a direct or indirect driving role in defining new rules at world level for the management and working of the financial markets and currencies. The European Parliament and the European Commission seem, in principle, to agree with this. The member state that is to preside the G8 (which should in the meantime have become a G14) next year has announced that it will launch the idea of a new Bretton Woods. These intentions and guidelines...

Contents

A LOOK BEHIND THE NEWS
THE DAY IN POLITICS
GENERAL NEWS