EU ministers fail to agree on hedge funds-source

BRUSSELS, March 16 (BestGrowthStock) – European Union finance
ministers failed to reach agreement on the shape of a new law to
control hedge funds at a meeting on Tuesday, a diplomatic source
with knowledge of the talks said.

“Much progress has been made but the presidency feels a few
more weeks work are needed to find the necessary consensus. It
has been taken off the agenda,” the source told Reuters. “The
aim remains to reach agreement during the Spanish presidency.”

Stock Market Report

(Reporting by Jan Strupczewski, editing by Timothy Heritage)

EU ministers fail to agree on hedge funds-source