Mario Monte gets good deal out of Merkel

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Sat, 30 Jun 2012 6:16p.m.

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German chancellor Angela Merkel has done a U-turn over her refusal to bail out Spanish and Italian banks, and that has stabilised the euro for now.

German chancellor Angela Merkel has done a U-turn over her refusal to bail out Spanish and Italian banks, and that has stabilised the euro for now.

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