Saturday 20 September 2008

German Chancellor Merkel Renews Call for Markets Disclosure Rules

THE EARTH TIMES: Berlin - Chancellor Angela Merkel revived on Saturday Germany's campaign of a year ago for global regulation of financial markets to prevent another crash like the past week's. In an interview with a Munich newspaper, the Muenchner Merkur, she criticized the US and British governments for obstructing Germany's efforts in the first half of 2007 to bring greater transparency to the markets.

"Alongside national rules, we need more international agreements to deal with irresponsible speculators," she said. Her remarks were released before the newspaper was to print them on Monday. German Chancellor Merkel Renews Call for Markets Disclosure Rules >>> DPA | September 20, 2008

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