EU's Tusk calls summit in December on euro zone future


  • World
  • Friday, 22 Sep 2017

FILE PHOTO - European Union President Donald Tusk addresses the 72nd United Nations General Assembly at U.N. headquarters in New York, U.S., September 20, 2017. REUTERS/Eduardo Munoz

BRUSSELS (Reuters) - The chairman of European Union leaders Donald Tusk has called a euro summit for December to discuss improvements to the single currency area after Britain leaves the EU in March 2019, with the aim of reaching decisions on key issues by June 2018.

In a letter to EU leaders inviting them to a meeting in Tallinn next week, Tusk said the key issues included a common backstop for the euro zone's bank resolution fund, a reduction of risks in banks and a pan-European deposit insurance scheme.

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