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By Elliot D. Cohen $39.10
By Morris. P. Fiorina and Samuel J. Abrams
Photo by WEF/Remy Steinegger (CC-BY-SA)
The latest, and 20th, European “summit” meeting, held last week in Brussels, was symbolically a defeat for Germany’s Angela Merkel, who agreed that Europe’s permanent bailout fund could directly recapitalize certain troubled eurozone banks.
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