The article discusses the financial struggle involving the European banking system. It discusses how the finance minsters agreed to give the European Central Bank authority over large banks in countries that use Euro as their currency. And how by doing so it provides more reliability in the investors and depositors when they are banking.
The article also tells us that 49.6% of the 19 million people were unemployed for over 12 months. Describing how the economy of Europe cannot thrive without a successful banking system.