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Lamfalussy Report welcomed by ABI and Autif

Last week&#39s Stockholm Summit of EU leaders resulted in further steps towards the creation of a single European financial services market.

The Summit which included Prime Minister Tony Blair, adopted The Lamfalussy Report recommending ways to speed up regulation and decision making at the EU level which holds back the market.

Both Blair and Conservative leader William Hague welcomed the results of the conference, saying they are a move towards the single market. The ABI and Autif say the results are a positive step, calling them “significant developments.”

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