Germany's Schaeuble: more details needed for Cyprus bailout

BRUSSELS Tue Dec 4, 2012 11:51am EST

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BRUSSELS Dec 4 (Reuters) - EU finance ministers discussed plans for a supervisory mechanism for banks on Tuesday, but the depth of divisions between France and Germany highlighted the difficulty in reaching agreement, making a year-end deadline uncomfortably tight.

Tuesday's occasionally heated talks ended in disagreement and the ministers will resume their discussions on Dec. 12.

For comments from ministers and officials click on (Brussels newsroom)

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