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Euro Rescue Debate Schäuble Pushes for New EU Treaty

In response to the ongoing debt crisis, German Finance Minister Wolfgang Schäuble wants to expand the financial policy-making powers of the European Union. The far-reaching reforms would likely require a new EU treaty, the daily Bild reported on Friday.
Schäuble is likely to be met with massive resistance to his new plan.

Schäuble is likely to be met with massive resistance to his new plan.

DPA
-- kla, with wires