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Markets and other member states were surprised by the German move (Photo: rednuht)

EU miffed by unilateral German ban on short-selling

Germany's decision to place a unilateral ban on naked short-selling of eurozone sovereign debt instruments has drawn a frosty response from its EU partners, with the European Commission saying the move highlighted the need for a more co-ordinated regulatory approach.

European stocks fell on Wednesday morning (19 May) in reaction to the previous evening's announcement made by Bafin, the German regulator, that it would crack down on the speculative practice, perceived by some to have a d...

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Markets and other member states were surprised by the German move (Photo: rednuht)

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