June 22, 2012

Merkel's Next Step: Shock and Awe

Bloomberg, Bloomberg

AP Photo

Ahead of meetings of European Union leaders this weekend, investors are looking for any sign of movement toward a bolder policy on the economic crisis. Expectations are inching higher -- which is good, because Europe’s leaders need pushing, and they know it would be risky to disappoint the markets again.

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TAGGED: Eurozone, Germany, Angela Merkel

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