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'Concrete' decisions on bank union needed at summit

09.10.12 @ 09:47

  1. By EUOBSERVER

EU leaders must take "concrete, important" decisions on creating a single EU banking supervisor at this month's summit Commission President Jose Manuel Barroso said Monday. Speaking in Cyprus, Barroso said that the move was necessary to allow the direct recapitalization of the EU's ailing banks.

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