Not only are the EU parliament and finance ministers at odds on the extent of the powers of three new financial regulators, they can’t agree on where they should even put the agencies.

Just two months after the U.K. Labour Party’s 13-year run in power ended, senior figures from the former Labour government are churning out tell-all memoirs.

Zapatero stressed his pledge to cut the country’s budget deficit and revamp its sluggish economy as data showed that local banks borrowed a record amount from the ECB in June.