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July 3rd, 2012 
FAKE NEWS for the Zionist agenda Previous Post: French audit office sounds warning on 2013 deficit nbsp
Merkel defends compromise deal on eurozone banks
BBC – “I think we found a good compromise,” she said after all-night talks which saw her come under heavy pressure from Italy and Spain. A new supervisory body will enable the European Central Bank (ECB) to “keep a very close eye on the banks”, she said. Spain is awaiting a 100bn-euro (£80bn; $125bn) recapitalisation of its troubled banks by the eurozone. Mrs Merkel said the deal on lending would provide sufficient safeguards for the taxpayers’ money used by the EU bailout funds. Read article
Tags: 2nd Great Depression, banks, debt wealth, Europe, New World Order, politics
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