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Questions over new euro rescue ‘masterplan’ – new blog
The EU has this week been limbering up to reveal a last-ditch ‘masterplan’ to save the euro.* Over many months, a succession of summits have invented ever bigger sums of money the EU*hopes to throw at the eurozone debt crisis with seemingly little*idea of how to amass the money. So far the EU’s only strategy*appears [...]
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So far the EU’s only strategy appears to have been to try to intimidate the markets into submission rather than come up with a longer-term solution to euro debt crisis.
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