28.11.2008 - Barroso cautious on idea of EU sovereign funds
From Guardian: The European Commission's president has voiced caution over French President Nicolas Sarkozy's suggestion that EU states create sovereign wealth funds, saying protectionism in the bloc should be avoided. Sarkozy said last month Europe should have its own sovereign wealth funds to take stakes in companies battered by the global financial crisis and protect them from "predators"..... Full Article: Source
Print