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EU official says Germans trying to sabotage Solvency II

20 August 2012

The chair of the European Parliament's Economic and Monetary Affairs Committee (Econ), Sharon Bowles, has accused certain leading German MEPs of attempting to "jettison the whole of Solvency II".

Renowned both for being outspoken and as one of Europe's most influential policymakers, Bowles said a group of prominent Germans in the European Parliament had publicly stated that the new regime would never happen - an agenda that could slow down negotiations even further.

"Given that we have some Germans on...


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This article was published as part of issue August 2012/3

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