German election puts Europe's ambitions on ice

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By Luke Baker BRUSSELS (Reuters) - For the best part of a year, the minds of European policymakers have focused on one overriding issue - banking union. By establishing stricter oversight of Europe's banking sector and a unified system for dealing with any problems, they hope to draw a line under more than three years of debt and economic turmoil by separating countries from their banks. For months, a summit of EU leaders on June 27-28 was flagged by officials as an important 'landmark' on the road towards a fully fledged banking union. ...




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