Draghi sceptical on German bank union plan

Draghi sceptical on German bank union plan - Benjamin Fox -> euobserver.com/news/122496

Crunch time for Draghi.
His native Italian banks are insolvent (he was the ex governor of the system).
Even more so given their ramp up in Italian sovereign bond purchases.
Spain is worse and Ireland / Portugal worse again.
Without this, any reversal of buying in bonds could undo the last 18 mths.
Perhaps Draghi is going to give Angela a taste of this first …

Muddling through in Europe - Edward Harrison -> creditwritedowns.com/2013/12 … urope.html