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Wednesday, July 24, 2013

Analysis: Southern Europe awaits German election in fear, hope

German Chancellor Angela Merkel waves during a Christian Democratic Union (CDU) election campaign rally in Heringsdorf at the Baltic sea July 22, 2013. REUTERS/Fabrizio BenschBy Julien Toyer MADRID (Reuters) - Like the coming of the messiah, depressed southern Europe nations await Angela Merkel's likely victory in Germany's September election with a mixture of hope and trepidation. Four years into the euro zone debt crisis, people in debt-laden Spain, Italy, Greece, Portugal and Cyprus are deeply worried that a third term in power for the conservative chancellor may only bring them more austerity and pain. ...



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