Banking-union talks centre on ECB powers

11/19/2012 | Financial Times (tiered subscription model) · Reuters

As negotiations about Europe's banking union bog down, the key to breaking the impasse seems to be implementing checks and balances on the European Central Bank's authority. Also, while the ECB argues that it should have authority over all euro-zone banks, Germany's Bundesbank has balked at the proposal.

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Financial Times (tiered subscription model) · Reuters

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