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Eurozone agrees strict bank rules

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European finance ministers have reached a deal on rules for supervising eurozone banks, ahead of an EU summit.

Around 200 of the biggest banks will come under the direct oversight of the European Central Bank, which will act as chief supervisor of eurozone banks.

The agreement - a key step towards banking union - will be put before European leaders later on Thursday.

http://www.bbc.co.uk/news/world-europe-20695129

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This is good news, it is a start to making the Eurozone a real international player (the Euro is already the currency of choice after the USD). All we need now is to expel those Nations not wishing to adopt the Euro, from the EU, and to forge ahead with the Federated Europe that the "Coalition of the willing" wants to see.

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all they need to do now is to convince the oil producing world to trade in euros and not dollars .if they can show the euro is more stable its a real possibility

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all they need to do now is to convince the oil producing world to trade in euros and not dollars .if they can show the euro is more stable its a real possibility

If you want to destabilize the Euro on the long run all you have to do is make it the reserve currency. That is a pretty stupid move.

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