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Showing posts with label Europe's current bailout fund. Show all posts
Showing posts with label Europe's current bailout fund. Show all posts

Monday, January 16, 2012

Europe must move quickly after downgrades: Merkel

(Reuters) - Ratings downgrades in the euro zone by S&P underline why Europe must seal a pact to tighten fiscal rules quickly and get its permanent bailout fund up and running as soon as possible, German Chancellor Angela Merkel said on Saturday.