Most EU bank union work can be done without law change: Eurogroup head - Yahoo! Finance

Most EU bank union work can be done without law change: Eurogroup head - Yahoo! Finance

All this means is that the Eurozone will have the power to shut down all Eurozone banks except the German banks. Germany will rule the Eurozone. The Germans finally are winning WW2.

The Germans have decided, I think, to defeat the surrounding lackeys by the rule of law, or at least the rule of their will, without making war. I suppose that is an improvement, but I wonder how long France and Italy can bow down to this manifestation of German power. 

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