European ‘bank union’ could prevent another debt crisis
Plans underway by Angela Merkel’s Chancellory could see the power to deal with struggling banks move from national to European level.
EU seals new Greek bailout deal after tortuous talks
Eurozone leaders have sealed a new bailout for Greece that will fix its immediate financing needs but is unlikely to revive its shattered economy.
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Geithner tells EU to speak as one on eurozone crisis
Timothy Geithner told EU finance ministers to end talk about a eurozone break-up and work with the European Central Bank to fight the debt crisis.
