financial times: Brussels: EU set to widen bonus clampdown, Europe cannot allow...

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Brussels
Monday March 18 2013

European news and anaysis- Brussels - FT.com

EU set to widen bonus clampdown

If agreed, the Ucits overhaul will be a shock to the fund management sector, which until now has largely enjoyed free rein to set managers' pay
http://link.ft.com/r/NA70KK/3C4NOB/A7P8KJ/NJKE85/NR0YGO/LE/h?a1=2013&a2=3&a3=18

Europe cannot allow unfinished business to fester

For every Ireland, where there is a sense that a corner is being turned, there is a France, where the sustainability of current policy is increasingly questionable, writes Lawrence Summers
http://link.ft.com/r/NA70KK/3C4NOB/A7P8KJ/NJKE85/Q32QOZ/LE/h?a1=2013&a2=3&a3=18

Cypriot authorities in revised deal talks

Cypriot authorities consider additional bank holiday on Tuesday pending emergency ratification of deal that would mitigate danger of a bank run
http://link.ft.com/r/NA70KK/3C4NOB/A7P8KJ/NJKE85/ULMR2M/LE/h?a1=2013&a2=3&a3=18

Russians join locals as big Cyprus losers

The mood is angry as islanders digest the news they are to lose up to 10% of their deposits in a universal levy imposed as a condition for a €10bn bailout
http://link.ft.com/r/NA70KK/3C4NOB/A7P8KJ/NJKE85/CWP2RN/LE/h?a1=2013&a2=3&a3=18

Q&A: The impact on Cyprus bank depositors

The IMF was concerned that a €17bn rescue under discussion would be so large relative to the size of Cyprus' economy that it would not be sustainable
http://link.ft.com/r/NA70KK/3C4NOB/A7P8KJ/NJKE85/FDL73T/LE/h?a1=2013&a2=3&a3=18

EU fails to speak with one voice on Syria

Union torn between interventionist instincts of UK and France, two nations that see themselves as world powers, and passivity of Germany
http://link.ft.com/r/NA70KK/3C4NOB/A7P8KJ/NJKE85/A5NCSJ/LE/h?a1=2013&a2=3&a3=18

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