Top European politicians attack SWFs

Nicolas Sarkozy, France's president, on Saturday criticised the hypocrisy of sovereign wealth funds which are keen to buy foreign firms but disallow outside ownership in their own economies. His comments followed those of Charlie McCreevy, an EU commissioner, that concerns over state-funded investments were legitimate.

"I don't accept that certain sovereign wealth funds can buy anything in their countries. I demand reciprocity before we open Europe's barriers," Sarkozy said.

Sarkozy spoke

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