ECB could assume supervision in bank union - Demetriades

NICOSIA (Reuters) - 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 on Sunday as saying. Related Stories Deutsche Bank investigated in U.S. over Iran - New York Times French Finance Minister sees economy growing in 2013 - report ECB could assume