EU Resumes Battle Over How to Impose Losses at Failing Lenders

EU Resumes Battle Over How to Impose Losses at Failing Lenders

Vit Simanek/AP Photo

EU leaders gathering in Brussels tomorrow may downplay the pace of banking reforms. Draft conclusions for the summit affirm that “it is imperative to break the vicious circle between banks and sovereigns,” without setting deadlines for further action. (CTK via AP Images)