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December 6, 2011

Five problems with Merkel and Sarkozy's plan to save the euro

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On the second day, markets did not roar. Instead, in the wake of Angela Merkel and Nicolas Sarkozy's announcement of their "comprehensive" plan for new fiscal rules in the eurozone, they went sideways. The subdued reaction probably had little to with Standard & Poor's threat to downgrade the credit... FF News: Fundamental

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