Please rate:

Nigel Farage: 'Van Rompuy, Barroso worst people in EU since 1945' [RT]

  • Uploaded by Knewtube on Jun 29, 2012
  • Hits: 487

After a tough night of wrangling, EU leaders have agreed to set up a new authority - tasked with keeping sinking banks afloat. And to do that, the new agency will be given access to Europe's mammoth bailout funds - stocked in a large part by taxpayer money. This exact function was previously carried out by governments. But now, the EU can bailout a nation's banks - without adding to the government's debt levels - at least on the books. It's something that Germany strongly opposed, but was forced to relent on due to Spanish and Italian insistence. Nigel Farage, a member of the European Parliament and leader of the UK Independence Party, believes that it's Germany who plays the deciding role in these talks.



Previous Media Next Media
Show Description Hide Description

Recommended




‚Äč  
Visit Disclose.tv on Facebook