Michel Barnier

Michel Barnier

• EU approves common patent rules

  The European Union approved a new common patent system on Tuesday designed to cut red tape and streamline patent procedures across ... 

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  EU talks on banking union to expose divisions

  European finance ministers inched toward strengthening their banking sectors and the management of their economies at a meeting in Brussels on ... 

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  EU fin mins blocked on thorny banking union

  Europe made little progress Tuesday in its efforts to secure the region's stricken financial system and ensure that failing banks never risk an entire ... 

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  Report wants EU banks to ring-fence risky business

  Europe's fragile banking system should be protected by building a firewall between a lender's retail operations and its more risky trading activities ... 

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  Europe at loggerheads over banking reform

  Europe faces weeks of tough negotiations to agree on a new region-wide banking supervisor after divisions emerged over the new body's powers at a ... 

• Official: ECB should oversee only biggest banks

  A top European Central Bank officials says the ECB should be responsible for supervising the biggest financial institutions under plans to make it ... 

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  German minister: bank supervisor will take time

  Germany's finance minister hit hopes that Europe's stressed banks could soon tap the region's rescue funds directly when he said Monday that a new ... 

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  Germany: EU supervisor should focus on big banks

  Germany's finance minister wants the new European banking supervisor to limit its focus on major banks whose stability is vital to Europe's financial ... 

• Report: Barnier: euro banks need central oversight

  A top European Union official is calling for all eurozone banks to be centrally supervised and for the European Central Bank to do the job, according ...