EU eases bank capital rules as ECB warns of 'cracking' stability
Source: Reuters
LONDON, Nov 8 (Reuters) - European Union member states have backed a temporary watering down and two-year delay to 2025 for the final leg of the globally agreed Basel III bank capital rules, despite the ECB warning they risked "cracking the dyke" that protects stability.EU states will now negotiate a final deal with the European Parliament in early 2023, with further changes possible."One of our main goals was to…