Wednesday, 6 June 2012

EU Rushes in a Banking Solution

I note that the EU's come up with some new ideas to stop runs on banks impacting on governments, and therby protect the Eurozone.

It's a bit light on detail, and it's due sometime in or after 2018.  Which is a bit like watching a horse bolt, and thinking to yourself that you really must buy a lock for the stable door next week.

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