Europe’s leaders for checks on hedge funds, tax havens
Monday, February 23, 2009 : PermalinkEconomic Times – European leaders meeting in Berlin on Sunday backed oversight of the world?s financial markets and products, including hedge funds, and urged that sanctions be drawn up to punish tax havens.
A copy of the “chair’s summary” from a summit hosted by Chancellor Angela Merkel and seen by Reuters describes the situation in financial markets as “fraught” and says structural reforms and a focus on public spending are needed to emerge stronger from the global crisis.
Tags: angela-merkel, chancellor-angela-merkel, economic-times, european leaders, financial-markets, global crisis, meeting in berlin, oversight, public spending, reuters, sanctions, summit, tax havens
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