Barroso: euro zone ministers to work out bank recapitalization

Discussion in 'Europe' started by m.lewin92, Oct 20, 2012.

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    EU leaders have vowed to set up a banking union during the course of 2013 after a Franco-German spat held up agreement on exactly when this vital crisis-fighting tool might come into force.The decision took place in a calmer market environment on Thursday, but also against a backdrop of fresh violence in Greece, the origin of the three-year crisis, where a man died during a general strike and anti-austerity protests.
     

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