"Doctrine" dispute? U.S. Treasury Secretary warned the European Union a strong.

<P Class=fp> <! - Startclickprintexclude - ><!-- endclickprintexclude -> U.S. Treasury Secretary John Snow • (John Snow), yesterday urged European leaders to stop using anti-capitalist rhetoric, or it may lose U.S. .investment. .</ P ><!-- startclickprintexclude -> <NOSCRIPT> </ NOSCRIPT ><!-- endclickprintexclude -> <P> visit to Brussels, Mr. Snow urged European governments to proceed with free-market reforms, do not use .hinder investors to invest in the words or policies. .</ P> <P> Mr. Snow's comments, the French criticism of "Anglo-Saxon" capitalism increasing the voice of Germany's ruling Social Democrats also used the anti-business language. .</ P> <P> hedge fund managers and private equity investors (including many from the United States) has recently been SPD leader Franz Muentefering • (Franz Muentefering) dismissed as "locusts." .</ P> <P> Mr. Snow told "Financial Times" interview, said that any violation of free markets and competition action will hurt European economies. .</ P> <P> "capital investment in American business would welcome a place in their capital are valued, where investors can get returns." </ P> <P> "say not so important, it is important .policy is adopted. If the policy of the the capital feel unwelcome, and that capital will not come. "</ P> <P>" No matter who, if his attitude to the capital feel unwelcome, not to encourage .to invest in their own country, that to me, he seems short-sighted. "</ P> <P> Mr. Snow warned not to impose tough new hedge fund regulation:" Beware of the use of harsh measures, because .They are a very important financial market participants. They make financial markets more efficient, and capital handed to the best use of capital to the hands. "</ P> <P> Mr. Snow said that government regulation and even .may increase the risk. .He said: "They (hedge funds) have a high degree of self-regulation, because they know the government does not intervene in that area." </ P> <P> "government intervention in the situation like a disturbing place, .moral hazard is increased, is a recognition that market participants do not need to do the same due diligence, the same monitoring and supervision of the same. "Mr. Snow said he was convinced that voters in France and the Netherlands rejected the proposed constitution, after .the EU will "find the road ahead," but he added: "It is essential that the EU should immediately do so." </ P>.