MEPs Debate Financial Crisis and Upcoming European Council
added: 2008-10-09
The EU should act in a united fashion to tackle the financial market crisis, and Member States should avoid unilateral steps which cause problems for their neighbours, according to most of the MEPs taking part in the debate on next week's EU summit and the financial turmoil. Most groups welcomed the Commission's plans for a high-level group to consider market supervision policies, though some complained that not enough had been done in the past.