-The European Commission has welcomed the positive opinions adopted, on the eve of the Barcelona European Council, by the European Parliament's plenary session in Strasbourg on proposals concerning Market Abuse, Financial Conglomerates and International Accounting Standards.
Commissioner Frits Bolkestein said: 'The climate is changing in the field of financial services. And this is happening just at the right time. What we need now is for European leaders at the Barcelona Summit to take the bull by the horns and call for significant progress on the different financial services measures still under negotiation, such as the proposals on Pension Funds and Prospectuses.”
See Commission press release
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