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European Central Bank to Gain control of 6,000 banks in Euro zone

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By LUIS MIRANDA | THE REAL AGENDA | AUGUST 20, 2012 The European Central Bank will “supervise” 6,000 banks in the euro area, including savings banks and regional German public banks, but the degree of direct supervision may vary depending on the banks and the involvement of other regulators. The German newspaper Handelsblatt reported in [...]

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