European Central Bank Pushes For Control Of 6000 Eurozone Banks

FT
August 31, 2012

EU MP from the UK Independence Party, Nigel Farage, criticizes attempt to rule over Europe by central banking warfare.

The would be given sweeping authority over all 6,000 eurozone banks under a plan being drawn up by the European Commission, putting Brussels on a collision course with Germany and the ECB itself, which have urged a more decentralised first step towards “banking union”.

This article was posted: Friday, August 31, 2012 at 1:16 pm

Tags: economics, financial, north american union

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