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S&P action turns up the heat on EU leaders
AFP BRUSSELS — Two weeks before a new summit, European leaders are under pressure to deliver a credible solution to the debt crisis after Standard & Poor's punished their policies with stinging credit downgrades. Eurozone governments face an uphill battle … Sarkozy to bet on growth reforms as AAA slips away Merkel Says Downgrades Show Euro Heads Must Redouble Efforts Euro downgrades not a surprise for markets |