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09.07.2008 - EU takes aim at credit rating agencies

European Union finance ministers have agreed to increase oversight of credit rating agencies, in a EU to open anti-dumping probe into US biodiesel ...
DW boss voices concern about press freedoms ...
Global Media Forum in Bonn wraps up second day ...
Czech rebel MP Tlusty is no ODS member - ODS leader Topolanek ...
bid to address one of the perceived causes of the subprime credit crisis.

The Czech Republic news are represented by www.prague-pensions-hotels.com

French Finance Minister Christine Lagarde, whose country currently holds the EU's rotating presidency, said the bloc would develop ideas for registering and monitoring the agencies. Proposals are expected to be put forward in October. European officials have heavily criticised agencies such as Moody's, Standard and Poor's and Fitch for failing to identify the dangers of investing in the US subprime lending market.

(Deutsche Welle)


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