European Union President Herman Van Rompuy's position paper was silent on the size of a possible euro-area budget, which could be used to buffer “country-specific economic shocks.” Photographer: Alessia Pierdomenico/Bloomberg
European Union President Herman Van Rompuy's position paper was silent on the size of a possible euro-area budget, which could be used to buffer “country-specific economic shocks.” Photographer: Alessia Pierdomenico/Bloomberg
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