From left, Greek Finance Minister Yannis Stournaras, German Finance Minister Wolfgang Schaeuble, Luxembourg's Prime Minister Jean-Claude Juncker and French Finance Minister Pierre Moscovici attend a meeting of eurogroup finance ministers in Brussels on Thursday, Dec. 13, 2012. The European Union on Thursday took a major step towards one of the most important transfers of financial authority away from national capitals when its member states agreed to create a single supervisor for their banks. (AP Photo/Virginia Mayo)

Associated Press
From left, Greek Finance Minister Yannis Stournaras, German Finance Minister Wolfgang Schaeuble, Luxembourg's Prime Minister Jean-Claude Juncker and French Finance Minister Pierre Moscovici attend a meeting of eurogroup finance ministers in Brussels on Thursday, Dec. 13, 2012. The European Union on Thursday took a major step towards one of the most important transfers of financial authority away from national capitals when its member states agreed to create a single supervisor for their banks. (AP Photo/Virginia Mayo)
From left, Greek Finance Minister Yannis Stournaras, German Finance Minister Wolfgang Schaeuble, Luxembourg's Prime Minister Jean-Claude Juncker and French Finance Minister Pierre Moscovici attend a meeting of eurogroup finance ministers in Brussels on Thursday, Dec. 13, 2012. The European Union on Thursday took a major step towards one of the most important transfers of financial authority away from national capitals when its member states agreed to create a single supervisor for their banks. (AP Photo/Virginia Mayo)
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