EU’s Barroso criticises fin market speculation

BRUSSELS, May 5 (BestGrowthStock) – European Comission President
Jose Manuel Barroso launched a fierce attack on financial market
speculation on Wednesday and said the EU executive could move
quickly to further regulate markets if they acted irresponsibly.

“The Commission will do whatever necessary to ensure that
financial markets are not a playground for speculation,” Barroso
told the European Parliament, adding that financial institutions
should not forget what they were created for.

“We will … act swiftly if further regulation is required,”
he said.

Stock Market Money

(Writing by Jan Strupczewski, editing by Timothy Heritage)

EU’s Barroso criticises fin market speculation