A STEP FORWARD?: German Chancellor Angela Merkel’s governing coalition reached a deal Thursday with opposition parties on Thursday to ensure that the country ratifies Europe’s budget discipline pact, agreeing to push for a financial transaction tax and support investments to foster economic growth.
SOME RESISTANCE: Merkel’s center-right government blocked opposition calls to accept a so-called European debt redemption fund, however, sticking to its resistance to any form of pooling debt among eurozone countries.
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