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Sunday, December 12, 2010

The German Finance Minister defends euro (the Arizona Republic)

"BERLIN (AP) - the German Finance Minister is quoted with an emphasis on the fact that the European common currency will not miss warning than betting against the euro" would succeed. "Wolfgang Schäuble published Sunday in Bild am Sonntag comments come every week ahead of a Summit of the Union European this week is to concentrate on the establishment of a mechanism for permanent Nations in the euro crisis from 2013.Schaeuble stressed 16 members of the euro area has accepted the common currency is beneficial to their finances and" for this reason we will successfully defend it. " "The euro came under pressure because the Ireland tapped into a relief fund billion euro750 following Greece.

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