Spain's Rato call EU takeover law unsatisfactory

Newswire

MADRID, Nov 29 (Reuters) - Spanish Economy Minister Rodrigo Rato on Thursday criticised the European Union's takeover law as not liberal enough and said it would undermine Europe's competitiveness on world financial markets. "Spain differs from the core of the European Union by constantly seeking greater freedom from a financial point of view that we don't always see reflected in the positions of other more advanced economies," Rato said in a speech at a financial conference in Madrid. ...

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