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German Chancellor Angela Merkel

German Chancellor Angela Merkel speaks during a media conference after an EU summit in Brussels on Friday, Oct. 19, 2012. European leaders have taken a step towards the creation of a single supervisor for banks in countries that use the euro but details over when it will be up and running have yet to be ironed out

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Angela Merkel, 20121019 EU summit
German Chancellor Angela Merkel speaks during a media conference after an EU summit in Brussels on Friday, Oct. 19, 2012. European leaders have taken a step towards the creation of a single supervisor for banks in countries that use the euro but details over when it will be up and running have yet to be ironed out