EU approves $560B crisis fund for Europe

Europe's finance ministers approved in an emergency meeting late Sunday a "stabilization mechanism" that could provide at least 440 billion euros (US $560 billion) for a crisis aid package aimed at ensuring financial stability across Europe.

Webmaster's Commentary: 

It's another bailout. Europe's banks will be saved and the Europeans will be plunged further into debt.

Tags:

Comments

SHARE THIS ARTICLE WITH YOUR SOCIAL MEDIA