Saturday, July 09, 2005

McCreevy: 'I am a pragmatic man'

McCreevy indicates willingness to compromise with opponents over EU directive concerning in-house audits

European Union (EU) internal market commissioner Charlie McCreevy has indicated a willingness to compromise with opponents of a proposed EU directive that would force listed companies to appoint in-house audit committees.

Speaking to a conference on European corporate governance, in Luxembourg City, McCreevy recognised the critics, whom he said had 'woken up somewhat late in the day'.

See full Article.