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Europe Daily Bulletin No. 9759

11 October 2008
Contents Publication in full By article 17 / 34
GENERAL NEWS / (eu) eu/financial services
Mr McCreevy sees little point in limiting investment funds' capacity to borrow

Brussels, 10/10/2008 (Agence Europe) - "It would take a great deal to persuade me that we should legislate to limit the capacity of investment funds to engage in leveraged borrowing", said the European Commissioner Charlie McCreevy with responsibility for the internal market, speaking on Wednesday 8 October at a conference organised by the European Private Equity and Venture Capital Association (EVCA). Speaking of the "very real risk that a well-intentioned desire to correct the dysfunction...

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ECONOMIC INTERPENETRATION