Published: 12 Dec 12 09:15 CET | Print version
Online: http://www.thelocal.de/money/20121212-46723.html
As talks drag on over a proposed EU-wide bank supervisor, Europe's paymaster Germany seems to be dragging its feet as it seeks to cast the new body in its own image.
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Your comments about this article:
this is the contradction of pushing for troikas, but not accepting supervision when u know u have a crap system
Germany has the best approach in my opinion wanting a separate decision-making body consisting of independent banking regulators, in which each country's voting weight would be calculated according to its size and importance. This would help prevent weaker economies from dipping into German tax payer funds.