Bundesbank is now replacing the ECB: Masks falling on how Germany's Bundesbank thinks of the eurozone

http://news.yahoo.com/bundesbank-urges-greek-banks-not-buy-short-term-110442519--sector.html;_ylt=AwrBT9gfCeJUL7kAjkZXNyoA;_ylu=X3oDMTEzcG01bW4yBGNvbG8DYmYxBHBvcwMxBHZ0aWQDU01FNzAzXzEEc2VjA3Nj

Whether correct or not, this would be something the ECB should be saying, if it so thinks, to the Greek banks. Or, formally speaking, to all banks in the eurozone, if we have an EU and a monetary union. But when the ECB is being circumvented and the Bundesbank thinks it has a say over what banks incorporated in another member state do though they have no presence in Germany, the Bundesbank is proving that it neither believes that a. we have a European Union/single currency nor b. in the ECB being the only institution having a right to control banks on a European level. It rather reminds us of German history of hegemonism, as recently pointed out by German philosopher Habermas.

Imagine the Greek Central Bank telling, in 2006, Eurohypo Bank (D) that it is recklessly lending in European real estate. With the subsequent biggest bank bailout in eurozone history since the 1950s... Obviously the Bundesbank thinks that we have the euro for them to export their unemployment, but otherwise each country is responsible alone. In which case they should also keep in mind that default alone may also occur when the basics of the democracy, equality and justice are being tramped over, let alone ethnic prejudices.

Enough said for EU, let us now say ED(dissolution)