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Friday, December 17, 2010

Bucket Brigade Bailouts: 'MEPs payrise amid cuts bad signal for sinking Euro'

RussiaToday | December 17, 2010 - EU leaders meeting in Brussels have agreed to set up a permanent mechanism to save Eurozone economies sinking in debt. They promised to do "whatever is required" to safeguard the common currency. William Engdahl, an economist and author thinks the Union needs a lot of political will to bring the crisis under control and keep the common currency going.