Belgium Greece Financial Crisis

AP News | 695 days ago
Belgium Greece Financial Crisis
European Commissioner for Internal Market Michel Barnier, center, speaks with President of the European Central Bank Jean Claude Trichet, right, and Managing Director of the IMF Dominique Strauss-Kahn, left, during a meeting on 'Building a Crisis Framework for the Internal Market' at EU headquarters in Brussels, Friday March 19, 2010. In a Friday speech, European Central Bank President Jean Claude Trichet said the credit default swaps market needs to be more transparent to regulators and investors. EU regulators have threatened to ban the use of the naked credit default swaps on government debt to prevent investors buying swaps and they blame swaps traders for unfairly increasing pressure on Greek borrowing costs. (AP Photo/Virginia Mayo)