Global Economy In Jeopardy As Europe Faces Euro Debt Crisis
PARIS (AP) — European leaders rushed Monday to stop a rampaging debt crisis that threatened to shatter their 12-year-old experiment in a common euro currency and devastate the world economy as a result.
See also: Euro Debt Crisis May Cause Global Economy To ‘Face The Worst’
One proposal gaining prominence would have countries cede some control over their budgets to a central European authority. In a measure of how rapidly the
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