Please add spaces between words: duringthesummit,itwasdecidedthattheeuropeancentralbank(ecb)willbecomethetopauthorityintheeuroareabankingsystem,whowillmonitortheactivityofcentralbanksinEurope.
during the summit, it was decided that the european central bank (ecb) will become the top authority in the euro area banking system, who will monitor the activity of central banks in Europe.