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NICOSIA, Aug 19 — Common supervision of European banks, possibly by the European Central Bank, would help restore confidence and protect the financial system, ECB Governing Council member Panicos Demetriades was quoted today as saying.German business newspaper Handelsblatt reported on Friday, citing European Commission sources, that the commission ... Read more at http://www.themalaysianinsider.com/business/article/ecb-could-assume-supervision-of-euro-zone-banks/