Today the European Central Bank released information about a proposed bank levy they wish to impose. This is to help and support the banks against failing again, however many are still wary about the current position of the banks. This is something that countries that have tried a national approach first would have access to this, for example Greece, Spain and more recently Italy and the UK.
In my option the cracks in the Euro zone are continuing to get bigger and this is simply a small plaster that will struggle to heal it. It may strengthen in the long term but as this is something that would initially cost the banking sector the Euro weakened today. Going forward the euro may continue to weaken until some form of unity is installed between the strong north and the weak south. For more information feel free to contact me directly on email@example.com.