The European Commission has approved a request from Bulgaria to provide funding for some of the country's biggest banks. Commission extended a credit line of 3.3bn levs ($2.3bn; £1.4bn) to help banks that Bulgarian authorities believe have been victims of a plot to undermine the banking system. Five people were arrested over the weekend in connection with the plot. In the past week, there have been runs on two of Bulgaria's big banks.THINGS IN EUROPE ARE GETTING WORSE...
IF BULGARIA'S BANKING WOES DIDN'T REPRESENT A THREAT TO EUROPE AS A WHOLE, THEN THEY WOULD NOT HAVE INTERVENED.
IT'S TIME BRITAIN SAVED EUROPE ONCE AGAIN BY BEING THE FIRST COUNTRY BRAVE ENOUGH TO SAY "ENOUGH!" AND WITHDRAW FROM THE EU.
STAY TUNED...
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