E.U. Votes To Have A Single Regulator For Its Banks

by Jim Zarroli, NPR

European officials have taken a big step toward the banking union many analysts believe is necessary to vanquish the debt crisis. The E.U. approved a deal that brings most of the continent's banks under a single regulator. The plan for a single bank supervisor must still be approved by the European parliament.

Broadcast Dates

• All Things Considered, December 13, 2012