Mr Andrews said on Tuesday there were "systematic weaknesses in the authority" and that therefore he had "no confidence that Merthyr will resolvetheseproblems itself, even with support".
Overall, I believe that an integrated approach to monetary and bank supervision would provide the most efficient set of procedures for diagnosing problems with banks and then prescribing the correct mix of solvency and liquidity measures required to resolvetheseproblems.
Unfortunately, these liquidity infusions do not resolve the solvency problems in the euro zone but merely kick the debt can a little further down the road.
Sites such as these, where consumers can get answers and resolve their problems 24 hours a day, will go a long way in building customer trust and loyalty which will equate to repeat business this holiday season.