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12/16/10

Merkel, Juncker Divisions Threaten EU Meeting

After some very public sparring matches among European Union (EU) leaders over the best ways to tackle the ongoing debt crisis, those leaders claimed to have resolved their disagreements on Thursday prior to their debt crisis summit.

Angela Merkel, chancellor of Germany, has said that she and Jean-Claude Juncker, chair of the euro zone’s finance ministers, had a discussion that settled their disagreement on the issue of euro bonds.
Merkel is opposed, while Juncker has suggested that such common-issue bonds might help to ward off investor unease. According to a Reuters report,

Merkel said in an interview published on Thursday by Germany’s Bild newspaper, “Jean-Claude Juncker and I had a long telephone conversation and cleared up the issue a while ago. With so much at stake, the emotions sometimes get involved.”

For more: Merkel, Juncker Divisions Threaten EU Meeting | Advisor One

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