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Image header Agence Europe
Europe Daily Bulletin No. 10505
THE DAY IN POLITICS / (ae) eu/euro

Delors sees crisis as both financial and institutional

Paris, 29/11/2011 (Agence Europe) - We cannot point to a single factor which is responsible for the crisis we are experiencing today and for the “widespread panic” it has caused, but the European leaders must take their share of the blame for not acting quickly enough. The system which has been built around the monetary union is biased in its current construction, because it has no real economic governance, said Jacques Delors, former president of the European Commission, at the...

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