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Nigel Farage: Van Rompuy, Barroso worst people in EU since 1945

Posted By yihan On June 29, 2012 @ 12:42 pm In World News | Comments Disabled

RT [1]
Friday, June 29, 2012

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.


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[1] RT: http://www.youtube.com/watch?v=5z7RVT0a8zI&list=UUpwvZwUam-URkxB7g4USKpg&index=0&feature=plcp

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