Economy: EU plans to put most transactions under surveillance

Europa is acting as one in the fight against the finacial and economical crisis.
During a summit in Berlin, heads of state agreed on a common line for the world economic summit on 2 apr 09 in London.

-There'll be stricter surveillance of all exchanges, (financial) fonds.
-Safe havens for tax-cheaters will be closed (for example Caymans).
-Banks will have to create security savings while making profit.
- There will be more money available to the IMF to support countries which are in a crisis.

See also: buzzflash.net----European leaders mounted a united front against the global financial crisis Sunday, proposing sweeping new market regulations, but it remained unclear whether economic giants like the United States and China would go along. Heads of government and finance ministers from Europe's largest economies joined German Chancellor Angela Merkel in Berlin to lay the groundwork for a common European position on economic reforms before an April 2 summit of the Group of 20 nations in London. "Europe will own up to its responsibility in the world," Merkel told reporters following the talks. Leaders from Britain, France, Germany, Italy, Luxembourg, Spain, the Netherlands and the Czech Republic agreed to press for sanctions on tax havens, caps for managers' bonus payments and a stronger role and increased funding for the International Monetary Fund.