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MEPs move to restore public confidence in banks, advancing European Central Bank responsibility for supervising eurozone credit bodies. -
Monica Macovei explains how criminals' ill-gotten gains could be confiscated without a conviction, and Gianni Pittella expounds on the right way to save a bank.
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The biggest ever reform of EU banks has been agreed, including a strict limit on bonuses paid to bankers.
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MEPs are due in Strasbourg to vote on a final report on Croatian accession negotiations, caps on bankers' bonuses and measures to fight against CO2 emissions.
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German MEP Wolf Klinz says the Eurogroup should have handled the Cyprus banks deal better, British Socialist Stephen Hughes stresses continuing danger from asbestos.
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The new President of the Eurogroup faced hostile questions from MEPs about a proposal to involve small depositors in a bailout for Cyprus banks.
