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Wed 03 Mar 2010EU plans on hedge-fund regulation face setback
EU PLANS to impose tougher regulations on private-equity and hedge funds, which have met with resistance in Dublin, ran into trouble yesterday when Britain vowed to block measures it said would damage the City of London.
The deadlock came after Monday’s decision by euro zone finance ministers to settle on bilateral loans for Greece as their favoured mode of intervention if special aid is required.
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