BARNIER SAYS HE WILL PRESS ON WITH REFORMS TO EU FINANCIAL REGULATIONS
January 1st, 2010
BY PHILIPPA JONES
FRANCE'S nominee as the next European Union (EU) internal market Commissioner has said he will press ahead with plans to impose regulatory controls on Europe's financial sector, at a European Parliament hearing last night.
Questioning Michel Barnier during a three-hour grilling in Brussels, Godfrey Bloom UK Independence Party (UKIP) MEP for Yorkshire and North Lincolnshire pleaded for the City of London and its financial institutions to be left alone. "Don't kill the goose that lays the golden egg," he urged.
Bloom acknowledged that ...
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