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Wednesday, August 15, 2012

Europe: 'There Are No Simple Tricks to Resolve the Crisis'

From Spiegel

''In a SPIEGEL interview, Finnish Prime Minister Jyrki Katainen, 40, urges the crisis-hit countries of Southern Europe to issue bonds backed by state-owned assets and rejects a proposal to give the euro rescue fund a banking license. The euro zone, he says, is like a family in which some members broke their promise to respect the rules.''

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