European leaders signed a deal for a comprehensive timetable for tough new measures to shore up the ailing euro this afternoon in the seventh EU summit this year.

The deal ranges from a central supervisor overseeing eurozone banks, to longer-term plans on bank "resolution" - how to wind up ailing banks - and how to set minimum standards for deposit guarantee schemes.

EU leaders, including Prime Minister Lawrence Gonzi, also discussed the situation in Syria, and asked foreign ministers to look at all options to help the opposition there.

European Union raised the possibility that non-lethal military equipment or even arms could eventually be supplied.

In their strongest statement of support for the Syrian opposition since the uprising began more than 20 months ago, the EU leaders instructed their foreign ministers to assess all possibilities to increase the pressure on Assad.

 

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