Michael Noonan, Ireland's finance minister, has talked up the EU’s proposed financial reform package, which includes a cap on banker bonuses.
Noonan, who led the negotiations for the 27 governments in talks last night, said: "This overhaul of EU banking rules will make sure that banks in the future have enough capital, both in terms of quality and quantity, to withstand shocks.
"This will ensure that taxpayers across Europe are protected into the future."
More top news
Storm Imogen - when and where we will see the strongest winds?
Kate Middleton attended a special service to celebrate the landmark occasion in her first engagement as Honorary Air Commandant
The ISIS execution gang fronted by 'Jihadi John' had two British extremists who learned radical Islam together in London, ITV News reveals.