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WN: Merkel open to idea of European banking union - AP


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German Chancellor Angela Merkel said Monday that she is open to establishing a European banking authority as a long-term solution to the continent's financial crisis. Her support as leader of the EU's biggest economy could be crucial for the concept, which aims to strengthen the eurozone and calm jittery markets.

http://www.worthynews.com/top/news-yahoo-com-merkel-open-idea-european-banking-union-200935804--finance-html/

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Germany in charge of the money, hmm Germany in charge of the union hmm sounds like Germany again is rising to power. Its just going to get more interesting to see what else is going to happen with the union.

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