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Osborne in European banking talks

George Osborne
George Osborne

Chancellor George Osborne is travelling to Dublin for the first meeting of all 27 European finance ministers since Cyprus was hit by its banking crisis.


The Ecofin meeting was described by a Treasury source as "rather low key from a UK perspective", but it is likely to include discussions on banking union - specifically on the eurozone-wide banking supervisor which is being set up. Banks based in the UK will in most part not be subjected to the new authority.
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