Author (Person) | Peel, Quentin, Spiegel, Peter |
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Series Title | Financial Times |
Series Details | 7.12.10 |
Publication Date | 07/12/2010 |
Content Type | News |
Article reports that Angela Merkel, the German Chancellor, ruled out on the 6 December 2010 two of the most widely-backed ideas for combating the eurozone debt crisis, saying she saw no need to increase the size of the European Union’s €440bn rescue fund and that the bloc’s treaties did not allow for the creation of a Europe-wide bond. Thus, Germany looked likely to block moves that some eurozone partners and the International Monetary Fund argue could help resolve Europe's debt crisis. |
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Subject Categories | Economic and Financial Affairs |
Countries / Regions | Europe, Germany |