Home » Europe » Merkel seeks bank levy to make those who caused Global crisis pay


Merkel seeks bank levy to make those who caused Global crisis pay

 
 
 
 
submit to reddit

angela merkel

The European Union should push world powers to bring in a global levy on banks to “make those who caused the crisis pay,”Germany’s Chancellor Angela Merkel said on Thursday.

EU leaders are keen not to repeat the experience of the last two years, when they had to bail out banks with public funds to prevent the financial crisis from worsening. The intervention left them with huge deficits, which will probably take years to be closed.

“Germany and France are very much in favour of making even more sure that those who caused the crisis pay,” Ms. Merkel said as she arrived in Brussels for the EU’s regular summer summit.

However, at least the Czechs are believed to be against such a levy.

The summit is expected to conclude with a call for the group of 20 (G20) leading economies to bring in their own levies so that a “level playing—field” can be kept in world markets.

G20 leaders, including Ms. Merkel and the leaders of Britain, Italy, France and the European Union’s permanent institutions, are set to meet in Toronto on June 26 and 27.

Thursday’s summit should “make sure that we approach the summit with the most united European position possible,” Ms. Merkel said.

Please wait...


RELATED ARTICLES

Did you like this information? Then please consider making a donation or subscribing to our Newsletter.

3 Responses to " Merkel seeks bank levy to make those who caused Global crisis pay "

  1. L’Europe ferait bien d’exiger quelques “trillions $” en dommages et intérêts à Goldman Sachs pour avoir camouflé la dette Grecque, et quelques “trillions $” pour avoir traité les “PIIGS” de cochons malades!
    Car si les “cochons malades” se sont sur-endettés depuis 2008 pour sauver leurs banques, c’est justement parce que les banques (Sauf Goldman Sachs) étaient ruinées en 2008, et si les banques étaient ruinées en 2008, c’est justement parce que Goldman Sachs (GS) leur avait vendu massivement des produits empoisonnés conçus par elle, et ensuite, parce qu’elle avait fait chuter son propre produit, ce qui est une prophétie auto-réalisatrice, comme toutes vente à découvert!
    Mais comme les trois nouveaux chefs à la BCE, en Grèce, et en Italie sont justement trois anciens de Goldman Sachs, ces trois chefs feront tout pour empêcher un procès contre GS!

    Please wait...
  2. Parents said to children: do not play casino, or you will be punished!
    Children played casino, loosed everything in 2008, but instead of punishment, they became 15 trillion $ debt recognition from the parents!
    Children immediately played casino again, creating from nothing a quadrillion $ liquidities (google: quadrillion $ derivatives), selling CDS, selling PUT options on market makers banks stocks, selling short the parents bonds, insulting the parents for being insolvent, for being PIIGS (it’s an ill calumny, but a self fulfilling prophecy)
    And in 2011, children are now ruined again, because some Israeli-American casino players has been more twisted then the children, and the winners has again taken all the 15 trillion $ out of the children!
    (If you don’t understand, the parents are the governments, and the children are the bankers)
    ILL = Illinois

    CA = California
    LU = Louisiana
    M = Michigan
    NY = NewYork

    ILL CALUMNY are ILL PIIGS?

    Please wait...
  3. (Whispering) Hey Merkel, try investigating the Jews/Khazars.

    They do after all own rothschild, goldman sachs, Federal Reserve, The Bank of England, Bank of London, Bank of Germany and the next 150 largest and most important banks on planet Earth. Heck, they have financial world conquest.

    Please wait...

Conversation Guidelines

Starting a conversation on our website is very easy, all you need to do is to write your name, email and the comment itself. No account is required to leave a comment. Your email won't be used for any purpose whatsoever, if you want, you can even write a fictitious email. Please keep it civil, try to refrain from slurs and insults. We offer Free Speech rights to our comment section but please take note that the comment section is moderated so certain comments may be held for moderation in case they triggered our automatic filters. If your comment is on hold for moderation and you can't see it anywhere there is no need to repost it. Don't worry, it doesn't mean it won't get approved. Please patiently wait and check back later.



Copyright © 2009 The European Union Times – Breaking News, Latest News. All rights reserved.