Saturday, 23 June 2012 05:30 'According to the French president Francois Hollande, leaders of the four EU powerhouse economies agreed on Friday to mobilize almost one percent of the bloc’s GDP [almost 130 billion euros] to support EU’s financial growth. Read more: Leading EU Members Vow to Support the Bloc’s Economic Growth
The decision was welcomed by the German Chancellor Angela Merkel who called it as “an important signal.”
Emphasizing on the need to work closer together politically especially in the eurozone, Merkel added, “Whoever has a common currency [Euro], must also have coherent policies that is also a lesson from the last two years.”'
Saturday, 23 June 2012
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