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financial markets

21/04/2009

PES warns Barroso on regulation of hedge funds and private equity

In a strongly worded letter to European Commission President Barroso, leading European Socialists warn “it would be a major political mistake” for the European Commission to adopt the current draft proposal for a directive on alternative

08/04/2009

Draft directive on alternative investment fund managers "full of loopholes"

After months of telling the world that it was important treat hedge funds and private equity separately, European Commissioner McCreevy has presented a proposal for a directive to his fellow Commissioners on "Alternative Investment Fund

19/03/2009

PES leaders call for stronger, bolder recovery plan

Watch the photos of the meeting PES party leaders meeting in Brussels ahead of the EU Summit called for a stronger, bolder and better coordinated recovery plan for Europe, as well as for the EU to promote a global new deal at the G20 summit in

04/03/2009

European Commission crisis complacency

Commenting on the European Commission proposals for the EU Spring Summit, PES President Poul Nyrup Rasmussen said “The European Commission’s satisfaction with its European Economic Recovery Plan, that it has set the right course, is completely

26/02/2009

Rasmussen calls on Commission to reject EVCA self-regulation

PES President Poul Nyrup Rasmussen today called on the European Commission to reject the European Venture Capital Association’s proposal to “unify industry professional standards coverage across Europe” and “within 12 months.”Rasmussen


Financial crisis - PES President trip to the US

Date: 
12/09/2009
After the election of Barack Obama as the new President of the US, Poul Nyrup Rasmussen left for Washington and New York.

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23/02/2009

EU leaders to put PES demands for financial market regulation to G20

PES President Poul Nyrup Rasmussen today welcomed the agreement of European leaders meeting yesterday in Berlin to put to the G20 PES demands for new and better regulation of financial markets and clamp down on tax havens.Rasmussen said "It has

03/02/2009

Kovács is taking the right steps on tax fraud

The proposals of László Kovács, European Commissioner for taxation and Customs Union, to fight tax fraud in the European Union were warmly welcomed by Hans Eichel, coordinator of the PES Lisbon Network and former German Minister for finances, who

14/01/2009

Socialists demand clarification on regulation of private equity

Three leading Socialists have written to Commission President Barroso demanding clarification “on how the Commission proposes to proceed with its commitment to ensure appropriate regulation for private equity.”Poul Nyrup Rasmussen, President of

25/06/2008

PES launches global talks on financial market reform

25 June 2008 The PES launched this week a new global dialogue on financial market reform. The PES Financial Market Network, meeting for the first time on Monday, brings together politicians, trade unionists and academic experts from Europe, the USA