PARIS (Reuters) – The finance ministers of France and Spain called on Wednesday for common euro zone bank supervision to be put in place by the end of the year, as fears grow over soaring borrowing costs in Spain that are pushing the country towards needing a bailout. French President Francois Hollande also said that measures decided at a European Union summit late last month needed to be implemented quickly, as Spain battles to put its finances right. …
Economy News Headlines – Yahoo! News UK