You can see the video for this story on the euronews website here
European leaders have agreed a deal on a banking union.
France and the European Commission arrived at the summit keen to run ahead with a new European bank supervisory mechanism to be in place by January, but the cautious German chancellor, Angela Merkel said she thinks baby steps are needed first: “Concerning the move towards banking supervision, we have decided to move forward with the principle that quality is more important than rapidity. This means we will not have a working banking supervision at the beginning of 2013.”
The summit agreement now says that “work on the operational implementation will take place in the course of 2013” rather than in January.
European Council President, Herman Van Rompuy hailed the result of the summit as highly successful: “This is a small revolution, it means that we’ll have only one supervisor for the whole Europe, who – to a certain extent – will replace all the national supervisors.
“You know the source of our problem is the financial crisis. Now we will have only one supervisor for Europe, if we had this in 2008 I don’t think the crisis would have reached this level.”
The art of compromise has prevailed once again in Europe, but there is still much more that needs to be done, as the Spanish and Greek emergencies are still waiting.
I have just heard this story about a women’s Olympic fencing competition and I just felt so sorry for the poor girl involved and had to share it. After four years of preparation, dedication and hard work Shin A Lam of South Korea is facing Britta Heidemann of Germany the women’s individual epee. With just one second to go she just has to hold off the German to go through to the gold medal fight. After a couple of doubles, the score stays the same, the clock stays at one second for another move and then down to zero 0. The Korean should go through but for some reason a full second is put back on the clock. They reset, the German manages to score and Shin is out of gold medal contention. Her hopes of gold gone in a split second, literally. Qfter this Shin staged a 75 minute sit down protest on the piste, for much of the time crying as she could not believe that victory had been snatched away from her in this way, but the result was unchanged. Shin went on to lose her bronze medal fight and Heidemann lost the gold. Thank you to hbuechel for posting the video youtube. What do you think about this? Comment below.
My Euro 2012 analysis of Germany’s 2 – 1 victory over Denmark. You can watch the video analysis on the euronews website here, or read below.
Germany secured their place in the final eight knocking out Denmark exactly 20 years after their surprise Euro 92 victory. Germany opened the scoring in the 19th minute, the move beginning with a throw-in which reached Müller in the box.
The midfielder then turned and cut the ball inside, where Gomez tried to shoot but missed the ball. However it was deflected and to the horror of the Danish landed straight at the feet of Lukas Podolski in front of goal. With a single strike Germany went up 1 – 0.
The Danes didn’t go down without a fight however, and just five minutes later from a corner, Michael Krohn-Dehli headed an equaliser.
The German’s waited until 10 minutes from full-time before answering this, Mesut Özil ran to the left of the Danish box and slid a cross but Klose who failed to get a foot to it. That didn’t matter however as Lars Bender was there to back him up and he smashed in his first international goal to see Germany safely through.
My euro 2012 match analysis for the first group B game between Portugal and Germany on June 8. This tight game in the ‘group of death’ contained only a single goal seeing Germany win 1 – 0. You can watch the video of the analysis on the euronews website here, or read below.
Facing one of the favourites, Portugal relied on counter-attacks and set-pieces for their chances against Germany but played a mostly defensive game from the off.
Into the second half Portugal started to be more offensive, playing higher up the pitch, and Germany seized upon this. A German counter attack saw a deflected cross from Müller going straight to the head of Gomez who scored in the 72nd minute.
At 1-0 down Portugal went even more on the attack, changing to a loose 4-2-3-1 system, they played more urgent football with more combinations and an extra dribbler to run the German defence.
Germany defended well however and fighting off Portuguese assaults, they maintained the scoreline to clinch the win.