European Union leaders have agreed that a new financial-market overseer won't be able to force countries to pay for bank bailouts, according to two EU diplomats. This leaves unresolved a long-standing question in the bloc: If a large cross-border bank fails, who pays?
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3rd UPDATE:EU Financial Regulator Won't Dictate Government Spending-Sources
Friday, June 19, 2009Posted by "H" Forex Maker at 5:45 AM
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