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Home>European Fiscal Compact

European Fiscal Compact

Perspectives Content Submission

Mon, 12 Dec 2011

Never a dull moment in the European drama last week. After all, just last week, Standard & Poor’s threatened to downgrade its credit ratings on 15 euro zone countries, including Germany and France, and the European Central Bank trimmed its benchmark lending rate by a quarter point to 1.0%, while da
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