This was supposed to be the easy part. But installing the ECB as the chief supervisor for all 6,071 banks in Europe by Jan. 1, 2013, just seems to keep getting more difficult. Even though a paragraph in the EU’s...
Read more »EU Banking Union’s Legal Basis Isn’t Solid, Bundesbank Says
Today in Euro Crisis History: Mixed Messages Dept.
November 14, 2011 Merkel’s Christian Democrats Vote to Allow Exits From Euro Area German Chancellor Angela Merkel’s Christian Democratic Union party voted to allow euro states to quit the currency area, endorsing the prospect of a move not permitted under...
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