MEXICO CITY: Germany clashed with some of its key G20 partners on Saturday over raising the eurozone’s firewall at the start of a key meeting of finance ministers and central bankers dominated by the debt crisis. With markets calmer due to the latest massive bailout for Greece, divisions intensified over how to handle the crisis and its fallout. Countries including the …
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G20 inches toward $2 trillion rescue fund
MEXICO CITY (Reuters) – Germany is easing its opposition to a bigger European bailout fund, officials said, smoothing the way for the world’s leading economies to secure nearly $2 trillion in firepower to prevent further fallout from the euro-zone’s sovereign debt crisis. Finance leaders from the Group of 20, meeting in Mexico City this weekend, are trying to build up …
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