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EU Summit Strife Berlin and Paris Compromise on Bank Oversight

Ahead of this week's European Union summit in Brussels, Chancellor Merkel and French President Hollande staged a public battle over euro-zone reform. On Thursday night, however, the two quickly reached a compromise on the introduction of banking oversight. But difficult questions remain.
Merkel and Hollande were able to reach a compromise on Thursday night in Brussels.

Merkel and Hollande were able to reach a compromise on Thursday night in Brussels.

REUTERS