EUROPEAN UNION COUNTRIES JOINED EFFORT FOR A UNIFIED BANK SYSTEM WITHIN THE EUROZONE MAY AFFECT QUALIFIED PRIVATE BANKS TO EFFICIENTLY OPERATE WITHIN THE EUROZONE.

EUROPEAN UNION COUNTRIES JOINED EFFORT FOR A UNIFIED BANK SYSTEM WITHIN THE EUROZONE MAY AFFECT QUALIFIED PRIVATE BANK SECTORS TO EFFICIENTLY OPERATE WITHIN THE EUROZONE.

      European Union countries joined effort for a unified bank system in the Eurozone for better financial and economic prospects in all the Eurozone countries, particularly in the Southern Europe has been derailed by widerange issues, despite gradual improvement in the unemployment rates of the Southern European countries that have hit over seventeen percent unemployment rates compared to the seven percent unemployment rates in the Northern European countries. Some of the widerange issues that may affect private bank sectors that have qualified as efficient bank sectors that may operate within the Eurozone entailed governments policies for, or against banks that have not been registered as Eurozone, or European Union private banks. The European Central Bank (ECB) policy for upgraded credit lines within the Eurozone countries. Unlimited sales of the Eurobonds to compensate for bailout delayed payment request and readjustment of the Eurozone countries budget with the allocation of the Finance Rescue Packages to the member countries that have been directly, or indirectly hit hard by the European Union Austerity Measures that have caused political unrest, financial and economic chaos in some of the Eurozone countries that requires much work for brighter financial and economic prospects expected in the Eurozone countries.

                                        Written by Professor Godfrey Ohia.