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Merkeleuro

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Germany's Angela Merkel announces Europe-wide 'fiscal union'
Angela Merkel pushed for budgetary discipline, rejected eurobond option.
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Euro crisis: a plan emerges
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Merkeleuro

Angela Merkel prepares to tell the German Bundestag the only way out of the euro mess is through deeper fiscal ties with their more profligate European partners.

Sean Gallup
AFP/Getty Images