The Ratings Game; France and the Euro Crisis  

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Jenis: Article from Bulletin/Magazine
Dalam koleksi: The Economist (http://search.proquest.com/) vol. 401 no. 8762 (Dec. 2011), page 57-58.
Topik: International Relations; Politics; Summit Conferences; Economic Crisis; Economic Policy
Fulltext: The ratings game.pdf (19.81KB)

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Perpustakaan Pusat (Semanggi) Nomor Panggil: EE29.69 Non-tandon: 1 (dapat dipinjam: 0) Tandon: tidak ada

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For the fourth time this year, European leaders are holding a summit, this one in Brussels on December 8th and 9th, at which they are promising a "comprehensive package" of measures to solve the euro crisis. The French president, Nicolas Sarkozy, and the German chancellor, Angela Merkel, are trying once again to produce a joint plan. They badly need to persuade wary investors and their own unsettled voters that, this time, it is for real. Yet the two leaders are, as ever, at odds over exactly what to do. And Mrs Merkel, set on fiscal discipline, the avoidance of moral hazard and preserving European Central Bank independence at any cost, seems in no mood to give ground. With the euro zone hurtling into uncertainty and maybe towards a nasty end, irritation over German inflexibility has prompted a new sense of urgency.

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