Chairman of the Council of Europe, Rompuy said that the deepening of the euro-zone integration route to reach agreement; single bank regulatory mechanism related proposals will soon be introduced; ESM will involve the European Central Bank, once the ESM established, will be able to directly recapitalize the banking sector.
 
Affected by this news, the euro/dollar quickly rose near At press reported 1.2585 or 1.16%.



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