EU markets chief releases joint statement with senior US treasury official
Europe’s markets chief has reaffirmed support for convergence of US and international accounting rules.
The European Union’s internal markets chief, Michel Barnier, is in the US to discuss initiatives to strengthen the global financial system. In a joint statement with US Treasury Secretary Tim Geithner, Barnier “reaffirmed their support for the G20 Leaders commitments on accounting convergence”.
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