Europe says one watchdog is enough to keep its biggest banks from ever collapsing and threatening the euro again. The European Union leaders held an agreement that would tend banking supervision away from National Governments and park would take banking supervision away from National Governments. If the bank does need a bailout, all of europe will help foot the bill. The deal came after a prolonged deadlock over the details of the proposal. The german chancellor was full of praise for the outcome. But its a good sign that the finance ministers agreed on a banking supervisor. It is a big step towards greater confidence and trust in the eurozone. Countries like france and italy have pat have pushed for a speedy resolution. Banking supervision paves the way for a direct supervision direct injection into ailing banks. It is no longer the sole responsibility of the member states. Rather, all of europe will step in. But president hollande did not get everything on his wish list. Germany insi
Here is what is coming up. A better watch on the bank. Eu leaders agreed to reforms to prevent the biggest banks from ever teetering on collapse again. Rebels on the advanced again. Syrias capital shaken by blasts. A senior russian minister admits the assad regime is losing control. Why one of the worlds most famous museums is branching out. Europe says one watchdog is enough to keep its biggest banks from ever collapsing and threatening the euro again. The European Union leaders held an agreement that would tend banking supervision away from National Governments and park would take banking supervision away from National Governments. If the bank does need a bailout, all of europe will help foot the bill. The deal came after a prolonged deadlock over the details of the proposal. The german chancellor was full of praise for the outcome. But its a good sign that the finance ministers agreed on a banking supervisor. It is a big step towards greater confidence and trust in the eurozone. Cou