European Union leaders have agreed to introduce a single banking supervisor for the eurozone next year, a French Government source told Reuters.
It is thought that all 6,000 banks in the single currency area will come under the European Central Bank supervision by 2014, but most day-to-day oversight will be delegated to national bodies.
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A total of 21 are also injured by a blaze which ripped through the upmarket 22-storey hotel on the Black Sea coast.