Plans underway by Angela Merkel’s Chancellory could see the power to deal with struggling banks move from national to European level.
Eurozone leaders have sealed a new bailout for Greece that will fix its immediate financing needs but is unlikely to revive its shattered economy.
No image available
/ 16 September 2011
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.