Laughable Eurozone Banking "Non-Union"; Expect Disorderly Breakup
MishTalk
DECEMBER 17, 2013
Germany Backtracks on Banking Union MarketWatch reports Germany appears to backtrack on EU banking deal EU finance ministers have promised to agree on a so-called single-resolution mechanism--consisting of more centralized decision-making and financing for the shuttering or downsizing of failing banks--before the end of the year.
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