Friday, October 19, 2012

THE EUROPEAN UNION PARLIAMENT GIANT LEAP IN THE DECISION MAKING PROCESS TOWARD IMMEDIATE AND LONG TERM PROBLEMS SOLUTIION WITHIN THE EUROZONE.

THE EUROPEAN UNION PARLIAMENT GIANT LEAP IN THE DECISION MAKING PROCESS TOWARD IMMEDIATE AND LONG TERM PROBLEMS SOLUTION WITHIN THE EUROZONE.

       The European Union Parliament giant leap in the decision making process toward immediate and long term problems solution within the Euro-zone has been reflected in yesterday's meeting held in the European Union capital Brussel. The European Union leaders voted unanimously for the effective means to end crisis in the bank sectors within the Euro-zone by direct transfer of the European Union Finance Rescue Packages from the European Central Bank to the banks affected within the Euro-zone. However, the scrutiny of the banks that have qualified and met the required European Union credit line and bank standards would require at most a year for the implementation of the new approaches that may end financial crisis, finance collapse, economic downgrade and Euro-crisis within the Euro-zone. The implementation, or the enforcement of the new finance approaches directed from the European Union Parliament that may become finance policies of the European Union member countries would be carried out next year, if legislation is enacted to authorize the implementation.

                                                  Written by Professor Godfrey Ohia.

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