Top officials call to overhaul euro institutions |

Top officials call to overhaul euro institutions

FILE - In this Thursday, March 28, 2013 file photo, people wait outside a branch of Laiki Bank in Nicosia. Engineering a financial bailout for Cyprus in March 2013 was such a chaotic process that top European officials say it is time to rethink how the region manages its crisis _ and who should be involved. Officials say the International Monetary Fund, which has contributed financial expertise and billions in emergency loans, may no longer be needed as a key decision-making partner. And they say that the eurozone would be able to make decisions and take action more quickly if it wasn't bound by the need for unanimous agreement among its 17 member countries. (AP Photo/Petros Giannakouris, File)

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Top officials ca... FILE - In this Thursday, March 28, 2013 file photo, people wait outside a branch of Laiki Bank in Nicosia. Engineering a financial bailout for Cyprus in March 2013 was such a chaotic process that top European officials say it is time to rethink how the region manages its crisis _ and who should be involved. Officials say the International Monetary Fund, which has contributed financial expertise and billions in emergency loans, may no longer be needed as a key decision-making partner. And they say that the eurozone would be able to make decisions and take action more quickly if it wasn't bound by the need for unanimous agreement among its 17 member countries. (AP Photo/Petros Giannakouris, File)
Vatican brings G... Director of the Vatican Museums Antonio Paolucci, center, speaks at a press conference with Venice Biennale of Arts President Paolo Baratta, left, and Cardinal Gianfranco Ravasi, head of the Vatican Council for Culture, to announce the Vatican participation at the 55th edition of the Venice Biennale of Arts, Tuesday, May 14, 2013, at the Vatican. The Vatican is getting back into its centuries-old tradition of arts patronage with its first-ever exhibit at the Venice Biennale, commissioning a biblically inspired show about creation, destruction and renewal for one of the world's most prestigious contemporary arts festivals. (AP Photo/Domenico Stinellis)
Homesick pope? V... A visitor walks past a fake horse displayed during the unveiling of the exhibition "Argentina. The Gaucho: Tradition, Art and Faith", in the Carlo Magno wing of Bernini's colonnade in St. Peter's Square at the Vatican, Friday, May 17, 2013. If Pope Francis is getting a bit nostalgic, all he has to do is slip into St. Peter's Square for a dose of Argentine culture. In a remarkable coincidence, a long-planned exhibit on Argentina's famed gauchos opens Friday in the Vatican's exhibit space just off the piazza. The exhibition will run until June 16, 2013. (AP Photo/Andrew Medichini)
Russia's FSB: An... In this handout photo provided by the FSB, acronym for Russian Federal Security Service, a man claimed by FSB to be Ryan Fogle, a third secretary at the U.S. Embassy in Moscow, is detained in Moscow, early Tuesday, May 14, 2013. Russia's security services say they have caught a U.S. diplomat who they claim is a CIA agent in a red-handed attempt to recruit a Russian agent. Ryan Fogle, a third secretary at the U.S. Embassy in Moscow, was carrying special technical equipment, disguises, written instructions and a large sum of money when he was detained overnight, the FSB said in a statement Tuesday. Fogle was handed over to U.S. embassy officials, the FSB, said. (AP Photo/FSB Public Relations Center)
A look at how Ru... Russian Anna Chapman, who was deported from the U.S. on charges of espionage, smiles as she prepares to display a fashion creation by I Love Fashion, France, during the Fall-Winter 2012 - 2013 collection at Mercedes-Benz Fashion Week in Moscow, in this photo dated Thursday, March 22, 2012. Chapman was arrested in 2010 in USA on spying charges and was deported to Russia where she remains in the limelight. On Tuesday May 14, 2013, Russian security services announced they had detained a U.S. diplomat who they claim is a CIA official for allegedly trying to recruit a Russian agent. (AP Photo/Alexander Zemlianichenko)
EU Commission se... People reach out for fresh produce distributed by Greek street fruit and vegetable market vendors during a protest in Athens, Wednesday, May 15, 2013. The union of Greek farmers markets went on strike, Wednesday, as protesters set up stands and started distributing vegetables to a fast growing crowd. The market vendors are the latest professional group in Greece to protest a sweeping market liberalization drive demanded by rescue creditors, and timed their protest to draft legislation due to be voted in parliament to implement the new guidelines. (AP Photo/Thanassis Stavrakis)
Woman describes ... Karima el-Mahroug's is escorted outside the Milan's Law court by two Carabinieri police officers after giving her testimony at the trial of three former Berlusconi aides accused with procuring her and other woman for prostitution, in Milan, Italy, Friday, May 17, 2013. Silvio Berlusconi's private disco featured not only aspiring show girls performing striptease acts as sexy nuns and nurses, but also dressed as President Barack Obama and a prominent Milan prosecutor whom the billionaire media mogul has accused of persecuting him, according to the first public sworn testimony by the Moroccan woman at the center of the scandal. (AP Photo/Luca Bruno)
Russian FSB deta... In this handout photo provided by the FSB, acronym for Russian Federal Security Service, a man claimed by FSB to be Ryan Fogle, a third secretary at the U.S. Embassy in Moscow, is detained in Moscow, early Tuesday, May 14, 2013. Russia's security services say they have caught a U.S. diplomat who they claim is a CIA agent in a red-handed attempt to recruit a Russian agent. Ryan Fogle, a third secretary at the U.S. Embassy in Moscow, was carrying special technical equipment, disguises, written instructions and a large sum of money when he was detained overnight, the FSB said in a statement Tuesday. Fogle was handed over to U.S. embassy officials, the FSB, said. (AP Photo/FSB Public Relations Center)
Wigs? A map? Str... In this handout photo provided by the FSB, acronym for Russian Federal Security Service, wigs and spying gadgets carried by a man claimed by FSB to be Ryan Fogle, a third secretary at the U.S. Embassy in Moscow, when he was detained, are shown in the FSB offices in Moscow, early Tuesday, May 14, 2013. Russia's security services say they have caught a U.S. diplomat who they claim is a CIA agent in a red-handed attempt to recruit a Russian agent. Ryan Fogle, a third secretary at the U.S. Embassy in Moscow, was carrying special technical equipment, disguises, written instructions and a large sum of money when he was detained overnight, the FSB said in a statement Tuesday. Fogle was handed over to U.S. embassy officials, the FSB, said. (AP Photo/FSB Public Relations Center)