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Thursday, 18 August 2011

France and Germany support Tea Party?

President Nicolas Sarkozy of France and German Chancellor Angela Merkel are asking the 17 countries that make up the Eurozone come together to balance their national budgets. According to the two, adopting the "golden rule" will lead to reduction of deficits and the reduction of the EU debt. Will this new plan save the Euro and the 17 countries that use it as legal tender? Demetri Kofinas, radio host and economic blogger, shares his thoughts.


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