The EU is due to unveil today proposals to turn the ECB into the eurozone's banking supervisor...
The EU is due to unveil today proposals to turn the ECB into the eurozone's banking supervisor by 2014 in what would be the first step towards a full banking union. The ECB would begin overseeing the bloc's largest banks from July 2013 and smaller institutions six months later, although national authorities would retain control of daily supervision.
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