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Osborne (c) said he could not agree to a deal that would make him 'look like an idiot' (Photo: consilium.europa.eu)

UK minister furious at EU bank talks

An acrimonious 16-hour long meeting on stricter bank rules ended with a promise to clinch a final deal on 15 May, with Britain's George Osborne at one point saying the envisaged agreement would make him "look like an idiot."

"We discussed a huge number of things, from 10am when the meeting began until now, two in the night. We can say we have an agreement, it needs technical work until it's completely done - by 15 May," Danish economy minister Margrethe Vestager, who chaired the meeting...

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Osborne (c) said he could not agree to a deal that would make him 'look like an idiot' (Photo: consilium.europa.eu)

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