What would a bank union be? .. good question .. if you look at this one of yours ..
"British government sources were stressing that any steps taken to help on Spanish bond yields were not a substitute for longer-term reforms such as European banking union, fiscal integration and even political union." http://investorshub.advfn.com/boards/read_msg.aspx?message_id=76781028
.. "banking union" .. "political union" .. what about the system in the US .. could that in any sense be described as a banking union? .. i'm thinking all the time so many say Europe must eventually be set-up more like the US .. sorry, can't nail it ..
It was Plato who said, “He, O men, is the wisest, who like Socrates, knows that his wisdom is in truth worth nothing”