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Photo Gallery: Merkel's Vision for Europe
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Photo Gallery: Merkel's Vision for Europe

An Economic Government for the Euro Zone? Merkel's Plan Could Transform the European Union

German Chancellor Angela Merkel wants to stabilize the euro through a "pact for competitiveness" that would force EU members to coordinate their national policies on issues like tax, wages and retirement ages. The plan would transform the EU if it becomes reality, but resistance will be fierce -- including from within Merkel's own governing coalition. By SPIEGEL Staff
Translated from the German by Paul Cohen