BBC News – Eurozone Agrees On Bank Recapitalisation – 29 June 2012
EU leaders have agreed to use the eurozone’s bailout fund to support struggling banks directly, without adding to government debt.
Speaking after 13 hours of talks in Brussels’, EU chief Herman van Rompuy also said a eurozone-wide supervisory body for banks would be created.
Officials said the plans could be finalised during July.
Read more at : http://www.bbc.co.uk/news link to original article
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