Most Active Stories
- Velo Coffee Turns to Kickstarter to Fund New Roaster
- Janisse Ray’s ‘The Seed Underground’ Explains Startling Loss of Seed Diversity
- States That Raised Minimum Wage See Faster Job Growth, Report Says
- Supernatural Suspense for Young Shapeshifters in 'Island of Fog' Series
- VW Chattanooga Not Only Gets New SUV; Also Gets New Research Center
Originally published on Thu December 13, 2012 9:03 am
DAVID GREENE, HOST:
NPR's business news starts with supervising banks in the EU.
(SOUNDBITE OF MUSIC)
GREENE: OK, this is something that's been called a big step towards resolving Europe's debt crisis. European leaders have been working to figure out a way to supervise banks spread across the different countries that use the Euro currency. Today, the German finance minister said a new system will be up and running by the spring of 2014. It will give the European Central Bank power to oversee the EU's big banks and step in whenever there are signs of trouble. Transcript provided by NPR, Copyright National Public Radio.