News Headline Summary

EU may scrap plans to hand the ECB sole power over banking licences, according to a document

Update details:

- The comments from the document come as nations continue to suffer negotiations over the finer details of setting up a single banking supervisor in the Eurozone, as some countries insist nations should retain control over the power to grant and withdraw licences.

Print 15:32, 12 Nov 2012 - Economic commentary - Source: Newswires