This proposal is part of a package of proposals of reform to deal with the financial crisis situation. The new rules are designed to ensure that credit ratings to be used in the EU are independent, objective and of the highest quality…
The changes to the accounting standards are intended to mitigate the consequences of the recent turbulence in financial markets. These amendments ensure that EU companies have the same flexibility as their American competitors to reclassify assets held-for-trading into the held-to-maturity category...
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Europe's response to the financial crisis
What is Europe doing to respond to the crisis? What are the roles of Member States, Central Banks, and the Commission? What steps the Commission is taking to weather the storm?