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Merkel set to allow firewall to rise
CNN (Financial Times) — Germany is poised to bow to international pressure and allow a temporary increase in the eurozone's financial "firewall" this week, to prevent the crisis in the region's periphery spreading to other member states. German SPD Criticizes Merkel Move To Compromise On Boosting Euro Firewall Euro rescue fund boost would calm markets: fund chief Germany to drop resistance to raise the lending capacity to euro-zone firewall … |