EU Wrangling Berlin Plays It Safe on Banking Union

German Finance Minister Wolfgang Schäuble met with his EU colleagues until midnight on Tuesday to discuss Europe's planned banking union. Berlin is playing it safe in the talks, but its hesitancy threatens to derail the project's core ambitions.
Germanys Finance Minister Wolfgang Schäuble (left) listens to his Lithuanian counterpart Rimantas Sadzius during a meeting in Brussels.

Germanys Finance Minister Wolfgang Schäuble (left) listens to his Lithuanian counterpart Rimantas Sadzius during a meeting in Brussels.

Foto: FRANCOIS LENOIR/ REUTERS
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