EU finance ministers are due to make a second attempt this evening to decide on the rules for...

|By:, SA News Editor

EU finance ministers are due to make a second attempt this evening to decide on the rules for coping with bank failures. All-night talks last weekend were unsuccessful following division on how much leeway governments should have. Germany is pushing for an EU standard in which losses would be imposed on shareholders, bondholders and then deposits of over €100,000. France, Britain, Denmark and Sweden want flexibility in whether to take such steps.