MCCREEVY HEARING

BY KEITH NUTHALLIRELAND'S former finance minister Charlie McCreevy has signalled a retreat from using European Union (EU) law to force financial disclosure form companies when he takes office as EU internal market Commissioner on November 1. At a European Parliament hearing yesterday (Thurs 7-10), he said would probably limit himself to making voluntary recommendations on disclosure. "I would be a little reluctant to bring forward heavy laws, because other parts of the globe don't have the same consideration, thus putting Europe at a competitive disadvantage," he ...


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