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Europe Daily Bulletin No. 9643

16 April 2008
Contents Publication in full By article 1 / 46
A LOOK BEHIND THE NEWS
A Look Behind The News, by Ferdinando Riccardi: EU and sovereign wealth funds: responsibilities of political authorities

Strong support from the financial sectors for the activities of sovereign wealth funds (SWFs) has to be taken into consideration, but it should not be the only assessment criterion. It's quite normal that those responsible for these funds defend them; their responsibility is to successfully manage billions of dollars conferred to them (see this column yesterday). The positive welcome from western banks is also just as understandable. One European leader pointed out that “wherever the...

Contents

A LOOK BEHIND THE NEWS
THE DAY IN POLITICS
GENERAL NEWS