EU Compromise Fails to Remove Pensions Threat
By Guy Verhofstadt (MEP)
Published May 23 2011 Financial News
After months of argument, the debate over new over-the-counter derivatives rules comes to a head tomorrow with a crucial vote in the European Parliament. In this vote, MEPs should bear in mind that the current proposals will still lead to higher costs and lower payouts for pension funds, if not today, then in the years ahead.
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