The European Council and Parliament are set for showdown talks on 20 November due to their disagreements over the capping of bankers’  bonuses following the ECOFIN meeting. 

MEP’s have come out in favour of ratio of 1:1 between the level of bonuses that can be paid compared  to the full salary over a year, Michael Barnier  the commissioner for the internal market has backed the MEP’s in saying that member states should soften their stance towards them...

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