Herman van Rompuy
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Eurozone crisis: Van Rompuy welcomes 'breakthrough'

EU leaders have agreed to use the eurozone's bailout fund to support struggling banks directly, without adding to government debt.

Speaking after 13 hours of talks in Brussels, EU chief Herman van Rompuy also said a eurozone-wide supervisory body for banks would be created.

Mr Rompuy hailed the deal as a "breakthrough" that could help to reassure markets and provide some stability for the sovereign bonds of member states.

  • 29 Jun 2012
  • From the section Europe