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    'EU onion peeled again by German bank slash'

    RT News Channel

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    Germany says it should move towards a political union in Europe - even if some states are reluctant to do the same. The country's chancellor Angela Merkel has signaled that could be a cure to the EU's financial woes. On Wednesday, Moody's rating agency slapped Germany's top banks with a downgrade - something some European economists had been expecting all along. For more on the implications of the German downgrade, RT talks to Patrick Young, the executive director of investment firm DV Advisors.

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    RT (Russia Today) is a global news network broadcasting from Moscow and Washington studios. RT is the first news channel to break the 500 million YouTube views benchmark.