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Euro debt crisis flags europe

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As S&P issues warning on EFSF, Europe's bailout bazooka appears doomed.
UK and three others sit out of new "fiscal union" treaty.
Euro debt crisis flags europe

The 'Europe' sculpture of Belgian artist May Claerhout showing a woman holding up the symbol of the Euro stands outside the European Parliament building on November 17, 2011 in Brussels, Belgium.

Sean Gallup