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Merkel and Hollande still at odds over what should be bigger, the carrot or the stick (Photo: European Council)

Leaders disagree on future euro integration

EU leaders early Friday (14 December) had different views on how to deepen integration in the eurozone, with Germany insisting that any new budget aimed at rewarding reforms in the eurozone should be at most €20 billion strong.

In a bid to present a united front, EU leaders after the 10-hour long session focused mainly on things that had already been agreed: a deal on Greece's debt and bailout tranche and a key agreement by finance ministers on putting eurozone's largest banks under cen...

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Merkel and Hollande still at odds over what should be bigger, the carrot or the stick (Photo: European Council)

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