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February 12, 2016 - Latest:

Policymakers risk Eurozone

  • 8 December 2010

This is in spite of urging from the IMF , who believes a move is necessary to stem further crises.

The finance ministers also ruled out the creation of a Europe-wide bond. Opposition was apparently led by German Chancellor Angela Merkel. This WSJ story demonstrates how Germany fended off bids for a more expansive approach to creating stability in the Eurozone.

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