LONDON, July 30- Hedge funds from Guernsey, Jersey and Switzerland should be allowed to serve investors across the 28 country European Union, the bloc's securities watchdog said on Thursday. The European Securities and Markets Authority also said it has not yet reached a view on whether hedge funds and other alternative investment funds from the United States...» Read More
Headlines ahead of the New Year portrayed a country of job seeking-Britons brushed aside by Bulgarians and overrun by Romanians.
Firm and timely action by the European Central Bank is necessary to head off risks to price stability, ECB President Jean-Claude Trichet said on Wednesday.
Some of the new members of the European Union angling to adopt the euro will likely have to wait until the end of the decade, the European Central Bank said Tuesday.