EU 'Likely' to Scale Back Markets Overhaul, Albuquerque Says
“It is likely the ambition will be scaled down,” says European Union Financial Services Commissioner Maria Luis Albuquerque when asked about a plan to streamline the EU's supervision of markets. "I am hoping we can get a comprehensive package where the main elements will be preserved, but the jury is still out," Albuquerque says during an interview on Bloomberg Television. (Source: Bloomberg)

