BERLIN: German Chancellor Angela Merkel will thrash out differences with French President Nicolas Sarkozy on Sunday over how to use the euro zone’s financial firepower to counter a sovereign debt crisis threatening the global economy. With the turmoil threatening to spiral into financial meltdown as the value of banks’ sovereign bond holdings slide, Merkel and Sarkozy are likely to discuss in Berlin both how to manage Greece, prevent contagion and strengthen lenders….
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on October 12, 2011. Filed under News.
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Posted by
on October 12, 2011. Filed under