login
login

Europe Daily Bulletin No. 9899

12 May 2009
Contents Publication in full By article 21 / 47
GENERAL NEWS / (eu) eu/financial services
It is “myth” to say financial crisis is due to lack of rules, according to McCreevy

Brussels, 11/05/2009 (Agence Europe) - “I want to lay to rest one myth - that it (the financial crisis) was because of a lack of regulation. On the contrary, much of the regulation was there. It simply wasn't enforced. That's why supervisory structures and supervisory resources expertise must be and will be strengthened,” said Internal Market Commissioner Charlie McCreevy at a meeting with the Leinster Society of Chartered Accountants in Ireland on Friday 8 May. He argued against...

Contents

A LOOK BEHIND THE NEWS
THE DAY IN POLITICS
GENERAL NEWS
ECONOMIC INTERPENETRATION
WEEKLY SUPPLEMENT