Merkel to Resist Growing Pressure for Common Euro Bond

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German Chancellor Angela Merkel said that a joint Euro bond is not the solution for the debt crisis at this current moment, stating that each country must resolve its own debt problems before joining together in a common financial policy. Her statement came after her three-week vacation during which European stocks dropped to levels not seen in two years. [Bloomberg]

By Editor | 7:00:53 AM EST | 22 August 2011 | Share