1. G-20 Summit Focuses on Impending Devastation for European Countries
... -forward plan for long-term stability. "What this means is a framework of reforms so they can stand behind their banks, provide capital to the banks that need it, make sure they're protecting the safety of their depositors," he said (CNN). Following the summit, Europe announced its intent to focus on Greece's struggles by implementing a more integrated financial system ... and improving economic growth. The European Union announced a plan to coordinate banking union rather than leaving struggling countries to fend for themselves. This plan called for a single deposit guarantee organizati...
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