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Sweden sees progress on EU hedge fund rules

Reuters – A minister of EU president Sweden said on Friday progress was being made on the contentious issue of European hedge fund regulation and that he was optimistic a deal might be reached in the coming months.

“My view is that we are making progress,” Swedish Financial Markets Minister Mats Odell said in a Reuters interview.

“I’m an optimist by nature though I’ve also learned that you need to be realistic. But I think there is scope for reaching an agreement during the Swedish EU presidency, though I can’t be sure.”

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