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Merkel, Sarkozy Consider Bypassing EU Commission To Force New Euro Treaty
Germany and France want to force through a new "euro stability treaty" by the start of next year, and are considering bypassing the European Commission to accelerate the process, Germany's Bild newspaper reports Saturday, without saying where it got the information. German Chancellor Angela Merkel and French President Nicolas Sarkozy will present their plans at the next European Union summit on Dec. 8- Dec. 9, Bild reports. The pair are considering framing the new stability pact as a treaty between national states, similar to the initial Schengen agreement that reduced restrictions on movement within the EU. That ... (full story)
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