Topic: Jose Manuel Barroso

EU chief wants law change to target rogue bankers

European Commission chief Jose Manuel Barroso has proposed the introduction into European law of "individual responsibility" which would expose financial sector wrong-doers to criminal sanctions."This Thursday I am going to propose that individual criminal responsibility for financial players be recognised in European ...

No plans for EU-backed ratings firm: Barroso

European Commission chief Jose Manuel Barroso on Tuesday ruled out creating a Brussels-backed public ratings agency to rival established credit firms following a series of sovereign downgrades in Europe.The Portuguese politician said there were questions over the role of ratings agencies in ...

EC chief Barroso does not see recession in Europe

European Commission chief Jose Manuel Barroso on Monday said he did not expect Europe to slide into recession, calling the European Union and the euro "strong and resilient."On his first official visit to Australia, the Portuguese also stressed the need to strengthen ...

EU-U.S. relations not living up to potential-Barroso

LONDON (Reuters) - The European Union's relationship with the United States is not "living up to its potential" due to disagreements over climate change, trade reform and the economic crisis, the EU's most senior figure said in a newspaper interview published on ...

FIT TO JUDGE

This article discusses the relationship between auditing and the enforcement of business ethics in Great Britain. Strategies for eliminating conflicts of interest in auditing and the practices of accounting firms are noted. Michelle Perry asks whether the profession is ready to be ...

Europe targets credit default swaps traders

Europe turned its sights on Tuesday on the controversial trade in insurance against sovereign loan defaults, the latest consequence to arise from market panic over spiralling Greek debts.European Commission chief Jose Manuel Barroso told the EU parliament in Strasbourg that commission regulators ...

EU's Almunia says antitrust rules important in crisis

BRUSSELS (Reuters) - Joaquin Almunia, the EU's newly-appointed competition chief, said on Monday the economic crisis was no excuse for loosening strict antitrust rules and reducing fines for violations that critics say are too high.Almunia, the former monetary affairs commissioner who took ...
GORDON BROWN today launched an impassioned challenge to Barack Obama over free trade, urging for a " Mr Brown inched towards an agreement on stimulating the global economy by announcing that the International Monetary Fund will police the way countries respond to ...

Brown: We need free trade for global recovery

GORDON BROWN today launched an impassioned challenge to Barack Obama over free trade, urging for a " Mr Brown inched towards an agreement on stimulating the global economy by announcing that the International Monetary Fund will police the way countries respond to ...

Leaders eye finance overhaul as markets tumble

Emergency measures to tackle the financial crisis provided little relief for nervous investors Thursday, as stock markets around the world took a battering on fears of a global recession ahead.With most analysts now considering a US recession inevitable, markets looked beyond the ...
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