BBC News - EU summit: France says bank deal helps eurozone fusion

BBC News - EU summit: France says bank deal helps eurozone fusion: "The French president says a deal to start building a banking union on 1 January will enable the eurozone to speed up economic integration."

Since I moved to the US, 30 years ago, I heard over and over again how the European Community would fail; even recently the media were full of articles dooming the Eurozone, but with the creation of a single banking union, the bonds between European countries are strengthening to prove them wrong. Europeans know the Eurozone is the only way European countries can compete against the giants, because as we all know it big fish eat little fish. (my comments)