Dutch Finance Minister Jeroen Dijsselbloem

Dutch Finance Minister Jeroen Dijsselbloem

John Thys/AFP/Getty Images

“This is the final building block of the whole banking union,” Jeroen Dijsselbloem,the Netherlands's finance minister and president of the Eurogroup, told reporters after the meeting. “We make the banking sector responsible for their own risks and their own losses. That is an economically healthy way to approach the banking business.”