Ackermann Says Euro Destruction More Costly Than Deepening Union

... Finance managing director Charles Dallara. The European Central Bank and Michel Barnier, the EU's financial services chief, have called for the creation of a European Resolution Authority, backed with a common fund, to intervene at crisis-hit banks ...

http://www.bloomberg.com/news/2013-04-14/ackermann-says-euro-destruction-more-costly-than-deepening-union.html