Euro zone vows to be responsible in regulating banks' sovereign holdings
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BRUSSELS (Reuters) - Euro zone finance ministers agreed on Thursday to take balanced and responsible decisions in the sensitive area of regulating banks' holdings of sovereign bonds, so as not to put the sector at a competitive disadvantage.German Finance Minister Olaf Scholz proposed on Wednesday that to increase the stability of banks, badly shaken by the default of Greece, they should no longer treat government bonds as risk-free and make provisions for the risk they represent.Scholz proposed..