Saturday, November 12, 2011

Europe - Eurozone tension mounts


From: TheITVNews  | Nov 12, 2011
Austerity measures have done little to ease the pressue on the European Central Bank.

There are signs of increasing friction between the two main architects of the Eurozone.

France want the ECB to act decisively by pumping more money into the system, but Germany are adamant that this must not and cannot happen.

In a tense, European split, Britain backs France

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