EU backs bank supervisor, bailout

Nations to loan Greece $64 billion to prevent default

Posted: December 14, 2012 at 1:51 a.m.

British Prime Minister David Cameron (right) talks to reporters Thursday as he arrived for a European Union meeting in Brussels.

The European Union nations agreed Thursday on the appointment of a single supervisor for banks, and Greece’s euro partners approved a bailout loan to prevent the nation from going bankrupt.

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Business, Pages 25 on 12/14/2012