"Berlin yesterday played down hopes of a major breakthrough as EU leaders rush to complete their plan before a deadline next week. Mrs Merkel’s spokesman said “dreams that everything will be resolved and dealt with by next Monday cannot be fulfilled”.
European stock markets slid as traders took profits on the October rally, digesting Chinese data showing a sharp fall in new loans. Germany’s DAX fell 1.8pc, Italy’s MIB was off 2.3pc and the FTSE 100 eased 0.5pc.".........READ MORE
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