Summary
NICOLAS Sarkozy yesterday backed plans for European countries to set up their own sovereign wealth funds to take stakes in companies stricken by the global crisis and protect them from 'predators'.
'In the world, there are sovereign wealth funds with considerable funds,' the French president told reporters after addressing the European Parliament.See the full content of this document
Extract
Switch to Sovereign Funds, Says Sarkozy
'Should we not think then duri...
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