BRUSSELS, Oct 10 (Reuters) - The European Union's executive body on Friday rejected demands for its financial services commissioner to be removed for failing to tackle the worst market crisis in 80 years. EU Internal Market Commissioner Charlie McCreevy has long been the butt of complaints from the European Parliament, where some members have accused him of being too light-touch in his job and more passionate about attending horserace meetings. The European Commission has the sole right to initiate pan-EU financial market rules. Martin Schulz, floor leader of the EU assembly's Socialist bloc, has asked Commission President Jose Manuel Barroso to move McCreevy, Ireland's commissioner, to another portfolio. Schulz also wants McCreevy and EU Competition Commissioner Neelie Kroes removed from a financial market crisis panel...
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