Share Read This NextRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe Wrap’Sex and the City’ Sequel Series at HBO Max Adds 4 More ReturningThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe WrapNewsmax Rejected Matt Gaetz When Congressman ‘Reached Out’ for a JobThe Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The Wrap EU hedgie talks fail to strike accord Thursday 14 October 2010 9:35 pm whatsapp Tags: NULL KCS-content whatsapp Show Comments ▼ Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryUndoTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastUndoMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailUndoSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesUndoBrake For ItThe Most Worthless Cars Ever MadeBrake For ItUndoBetterBe20 Stunning Female AthletesBetterBeUndomoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comUndoTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island FarmUndothedelite.comNetflix Cancellations And Renewals: The Full List For 2021thedelite.comUndo Crucial talks to try to break a deadlock between France and the UK over new hedge find rules have ended in acrimony.France refused to accept a raft of compromise proposals put on the table by Belgium, which is currently the EU president. Its stubborn approach to thrashing out the new rules is said to have made enemies of several of its natural allies, most importantly Germany.Central to the row is whether or not to grant a licence to foreign funds that want to work across the EU’s 27 countries. French economy chief Christine Lagarde had opposed this on the grounds that controls on foreign firms would be lax. George Osborne, however, is in favour of the proposals.The spat tees up a fiery meeting between finance ministers next week.Lagarde and Osborne are expected to engage in last-ditch talks over the weekend to try to thrash out an agreement on the shape of controls for hedge funds and private equity before the crunch finance meeting.Continued discord could trigger a laborious mediation with the European Parliament, delaying the introduction of the symbolically important law, as well as antagonise Washington, which believes planned French curbs are protectionist.