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The World from Berlin For Euro Zone, It's Euro Bonds or Else

Markets in Europe are being hit hard by fears that the debt crisis will spread to Italy, which is regarded as too big to rescue. German media commentators say the time has come to stop the piecemeal bailout efforts and to make the member states share liability for their debt -- via euro bonds.
A share trader in Frankfurt. The euro debt crisis is escalating.

A share trader in Frankfurt. The euro debt crisis is escalating.

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-- David Crossland