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"As a final objective, a European goal is not far reaching enough and that's why we are talking with Nasdaq," Mr. Seifert said at a news conference here.
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Democrats, though, say it is not far-reaching enough.
Some big health organizations, such as Kaiser Permanente, have also come out against the initiative, insisting that the exemption for medical research is not far-reaching enough.
One of his advisers, Nabil Abu Rudeina, said, "we will quickly give our answer to the U.S. proposals, but they are not far-reaching enough".
However, civil society groups said in a statement released on Sunday that the recommendations made by the report were not far-reaching enough to trigger fundamental change.
Bush Points The Way (May 29 , 2004 President Bush scored a humanitarian victory in Sudan this week, but unfortunately it is not far-reaching enough.
Aetna said it was ready to make similar changes in other states, but officials in New York and Connecticut said that, on first look, the Texas concessions were not far-reaching enough to satisfy their concerns.
And while it angered conservatives who said it was not far-reaching enough and some liberals who said it stepped too far in the wrong direction, 186 Republicans joined 197 Democrats and one independent to pass it.
He said he felt the risks of genetically engineered food were more serious than more mainstream scientists did, and that the human health assessments were not far-reaching enough.
Senator Thomas R. Carper, Democrat of Delaware and a co-sponsor of a bill that would overhaul the Postal Service, said that he was glad the proposal gives small towns more of a say, but that it was not far-reaching enough to solve the agency's problems.
The three big rating agencies — S.&P., Moody's Investors Service and Fitch Ratings — have repeatedly lowered their ratings for the sovereign debt of European economies over the past year, saying some austerity measures were not far-reaching enough to deal with high debt levels.
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