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MEPs in fight over toothless finance watchdogs

February 5th, 2010
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EU leaders have muzzled the proposed pan-European financial regulators by ensuring their decisions will not be binding and can be appealed. National central banks fear a loss of power to Europe, but can powerless supervisory bodies prevent future financial crises without stifling growth at a time when unemployment in Europe is on the rise? Líders de la UE han parat la proposta pana Europea de reguladors financers, assegurant que les seves decisions no seran vinculants i poden ser apel · lades. Els bancs centrals nacionals temen una pèrdua de poder d’Europa, però sense poder òrgans de control poden prevenir futures crisis financeres, sense perjudicar el creixement en un moment en l’atur a Europa va en augment?

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