Business
Originally published on Tue October 23, 2012 1:03 pm
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Transcript
DAVID GREENE, HOST:
A deal in the eurozone begins NPR's business news today.
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GREENE: At a summit in Brussels, the European Union agreed today to create a single overseer for its 6,000-plus banks. The move is seen as an important step in preventing future financial meltdowns. The European Bank will lead these efforts and the new overseer will have the power to intervene in any bank in the 17 eurozone countries.
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