EU Reaches Deal on Banking Union (10)

ABC news.com 2014.03.20 14:36
By RAF CASERT Associated Press The European Union completed another major step toward creating a banking union on Thursday, setting up measures to stabilize the financial system and make it easier to deal with troubled banks. After all-night negotiations lasting into Thursday, EU member states and the parliament broke a deadlock on how to set up a joint authority that can restructure or shut down failing banks.
UNION, DEADLOCK, NEGOTIATOR, DEAL, CREDIBILITY, CONFIDENCE, USA