EU lawmakers complete set of biggest financial reforms since euro introduction

Times Colonist: The European Union's Parliament on Tuesday completed the biggest overhaul of the bloc's financial system since the introduction of the euro currency, passing laws to minimize the risk and cost posed by failing banks

... "Tuesday's votes are a huge step," said Bert Van Roosebeke of the Centre for European Policy, a Germany-based think-tank . "But now the decisions will have to be implemented, the work isn't over." ...read more