Juncker Warns Nations of Danger If Resolution Pact Not Sealed

  • Italy, Belgium, seven others urged to ratify agreement
  • Procedural snags are `weak reasons' for delay, Juncker says

Italy, Belgium and seven other nations need to move fast to ratify a euro-area pact on how to pay for bank failures so that the new system can start on Jan. 1 as planned, European Commission President Jean-Claude Juncker said.

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