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We Demand the Immediate Recapitalization of Troubled Banks by the European Stability Mechanism

We Demand the Immediate Recapitalization of Troubled Banks by the European Stability Mechanism

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This petition has been created by Stavros M. and may not represent the views of the Avaaz community.
Stavros M.
started this petition to
Leaders of the European Council, the European Commission, the European Central Bank and the European Parliament
With respect to the decision of the June 2012 summit of the European Union leaders to establish a single supervisory mechanism involving the European Central Bank, we call upon the leaders of the European Union to expedite the deployment of its permanent bailout mechanism, namely the European Stability Mechanism (ESM), so as to be able to fund directly all troubled banks and remove the harsh burden from the state and by extension the European citizens.
Posted (Updated )