BRUSSELS (AFP) — The European Commission on Wednesday unveiled plans for a tough new monitoring system for banks and other financial bodies to be in place next year, aiming to better protect investors hit by the crisis.
"Now is the time for action, it will be now or never," said EU commission chief Jose Manuel Barroso, introducing the plans at a press conference.
One of the key proposals is to create a new European Systemic Risk Council (ESRC), to be chaired by the European Central Bank president, which would give EU nations an early warning of threats to financial stability.
The heads of all national central banks would be members of the new body.
Barroso...Barroso...I know I read something bad about him...oh yeah, he's supposedly a pedophile. That was it.
Madeleine McCann is being held captive on the personal and private orders of José Manuel Durão Barroso.
A decisive breakthrough in the case of Madeleine McCann has been made with new revelations published by the English investigative reporter, Christopher Story. Following the receipt of several death-threats, the latest at lunchtime on Thursday 18th September 2008, Story has released details and named names.
Behind the abduction of four-year-old Madeleine McCann from the Ocean Club Resort, Praia da Luz, Portugal, on Thursday 3rd May 2007, was a shadowy German organisation called the Deutsche Verteidigungs Dienst (DVD) and the Portuguese politician José Manuel Durão Barroso, the 12th President of the European Commission.
According to Christopher Story, the DVD, based at Dachau, near Munich, has been extensively involved in paedophile child abduction operations for many years, both in Europe and abroad. Selected children are kidnapped, degraded for perverse purposes, filmed and murdered in the production of snuff movies for the international child pornography trade. Senior politicians in several countries are clients and agents of the DVD.
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