Breakthrough EU Summit Decision Looks to Ease Debt Crisis
Economic News

Breakthrough EU Summit Decision Looks to Ease Debt Crisis

It’s been a morning of change for the EU as a surprising decision was made at the 20th economic summit of European leaders. In the most anti-austerity move to date, the ECB is now able to directly fund the banks of nations in economic need – without the restrictions of deficit increase or troika oversight. It’s a move with particular payoffs for Spain and Italy – and a big step back for pro-austerity Germany. Continue reading »