Europe’s debt ‘solution’ may only kick the can down the road
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European leaders are again rushing to come up with a lasting plan to fix the Eurozone’s debt woes. Fearing further uncertainty could threaten global growth, finance ministers from the world’s biggest economies have said that Europe needs come up with a comprehensive plan by the end of this week.
But many economists say that even if the immediate danger is averted this weekend, the rescue plan is unlikely deal with the underlying causes of the crisis.
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