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Technology Stocks : Dell Technologies Inc.

DELL 127.37

+3.9%

12:03 PM EST

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To: kemble s. matter who wrote (109605)	3/15/1999 11:25:00 PM
From: Happy Cat	Read Replies (2) of 176387

-OT- Entire EU Executive Quits In Fraud Scandal (from Yahoo News. This may affect markets tomorrow.) Monday March 15 7:32 PM ET Entire EU Executive Quits In Fraud Scandal BRUSSELS (Reuters) - All 20 members of the European Union's Executive Commission resigned Tuesday after a scathing independent report into fraud and cronyism. The unprecedented move risks plunging the 15-nation EU into political crisis just weeks after the launch of the euro single currency and days before EU leaders meet to take key decisions on reforming the bloc's finances ahead of an ambitious expansion into Eastern Europe. ''In the light of the...report, the members of the Commission have decided unanimously to resign collectively,'' Commission President Jacques Santer told a hastily arranged news conference after a crisis meeting of the EU's executive. The hard-hitting 144-page report, compiled by an independent panel of experts in just six weeks, accused commissioners of losing control over the sprawling Brussels bureaucracy that proposes and implements EU laws. Deputies from the 626-seat directly elected European Parliament earlier called on the Commission to resign or face being sacked. -Carolyn

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