EU agrees on eurozone watchdog

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Published: 13 Dec 2012 at 11.46
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European Union finance ministers brokered a deal Thursday to create a single bank supervisor with powers to close down lenders right across the eurozone, several officials said.

Cypriot Finance Minister Vassos Shiarly (L), Spanish Finance Minister Luis De Guindos (C) and Portuguese Finance Minister Vitor Gaspar (R) talk prior an ECOFIN Council on December 12, 2012 at the EU Headquarters in Brussels. The ministers brokered a deal Thursday to create a single bank supervisor with powers to close down lenders right across the eurozone, several officials said.

The "historic" agreement, after 14 hours of talks and less than 12 hours from the start of a summit of EU leaders who ordered the marathon preparations,

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antitahaan
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Discussion 2 : 13 Dec 2012 at 17.092
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From next year 2013, the independence movement in Scotland, Catalonia, Basque, Venice, Flanders will be accelerated in EU countries. And, the integration of the financial policy, the Military affairs diplomatic, other fields not only a financial supervision right.
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DONHUAN
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Discussion 1 : 13 Dec 2012 at 14.051
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“… create a single bank supervisor with powers to close down lenders right across the eurozone.” A mere cosmetic declaration of determination; but what was implicit in the agreement was the exclusion of the 4 untouchables, Britain, Germany, France and Italy. As always, the issue of national sovereignty will be their convenient exclusion clause.
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