EU vows to fight the speculators

EU governments have said they will take on the financial markets, with finance ministers meeting today in a bid to finalise a package to try to tackle the crisis which has erupted following the Greek bailout.

8th May, 2010

EU governments have said they will take on the financial markets, with finance ministers meeting today in a bid to finalise a package to try to tackle the crisis which has erupted following the Greek bailout.

The ministers are expected to approve a new stabilisation fund to support countries in financial difficulties. However, market attention will focus on whether this is accompanied by any moves by the European Central Bank (ECB) to intervene in the...

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