16/12/2008
Leading Socialists address Barroso on McCreevy's failure to implement regulation covering all financial players
In a damning letter to European Commission President Barroso, three leading Socialists – Poul Nyrup Rasmussen (President of the PES), Martin Schulz (Leader of the Socialist Group) and Pervenche Berès (chair of the Economic and Monetary Affairs Committee) – say they have lost trust and confidence in Commissioner McCreevy due to his failure to implement the demands of the European Parliament for regulation covering all financial players.
