Belgium to Try Again to End Hedge Fund Row: Minister

Summary


BRUSSELS, Belgium (Reuters) - European Union president Belgium will try to break the impasse over European controls for hedge funds at a meeting of E.U. finance ministers later this week after talks on Monday [Sept. 27] ended in deadlock.

Belgian Finance Minister Didier Reynders, whose country holds the E.U. presidency for six months, said he would try to broker a deal on new rules for hedge funds on Friday [Oct. 1] after E.U. diplomats failed to secure a breakthrough at Monday's talks.

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Extract


Belgium to Try Again to End Hedge Fund Row: Minister

"We will try to go further with the member states to reach an agreement," Mr...

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