Voice of America: European Leaders Take Partial Step Toward Stabilization

Voice of America Voice of America is an international news and broadcast organization serving Central and Eastern Europe, the Caucasus, Central Asia, Russia, the Middle East and Balkan countries

European Leaders Take Partial Step Toward Stabilization Oct 19th 2012, 20:09 European leaders took an important step - though only a partial one - toward stabilizing their economies at a summit Thursday night. They are making difficult changes that could have impact on the continent and the world. European leaders gathered in Brussels from all parts of the region and nearly as many points of view. In the end, they agreed to move toward tighter control of banks in countries that use the euro, what is known as "banking union." "The urgent element now is ... Media files: 067F3CE3-4EC3-4C78-BEEF-EBA5FA4423EC_cx0_cy0_cw0_w800_r1.jpg?nocache=1 (image/jpeg, 0 MB)

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