EU: «Deposits Trimming» and Geopolitical Model (Pyotr Iskenderov, Strategic Culture Foundation)

01.05.2013 12:01

The European Union has launched a legal procedure to create a foundation for actions aimed at «cutting extra weight» from large deposits in the banks of the Union’s members. The EU Committee on Economic and Monetary Affairs vote on April 24 was the first step in this direction. Now the issue is to be submitted to the European parliament and the governments of the member states. It may give rise to splits, political demarches and haggling behind the scenes.

www.strategic-culture.org/news/2013/05/01/eu-deposits-trimming-and-geopolitical-model.html