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Europe’s €750 billion financial rescue was secured by an unlikely champion: German Chancellor Angela Merkel, who after years of opposition to such handouts, was the driving drive behind the deal.
With her prodding, European Union leaders took a step on Tuesday they’ve shunned for years—agreeing to challenge widespread debt on a big scale—to fund an try and elevate member nations out of financial crises introduced on by the coronavirus.
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Vaibhav Kapoor