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Europe apparently put in a good mood by soccer, so they created a banking union

  • cause In an effort to salvage the economies of many nations in the Eurozone, European leaders financially united their nations and created a banking union last night.
  • effect The union, which effectively makes the Euro’s banking system more like the United States’, gave investors faith — the Dow jumped by 200 points this morning. source
June 29, 2012 // 14:36 // 2 years ago
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  10. den-of-lyons said: I may just be ignorant of our financial system (no, really, I am), but it sure seems like imitating our system really is not the course ANYBODY should take…
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