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Harper Says Europe Moving in the Right Direction on Debt Crisis

European policymakers are moving in the right direction for solving the region’s debt crisis, including today’s announcement of a bond-buying plan by the European Central Bank, Canadian Prime Minister Stephen Harper said.

Europe is the most immediate concern for the global economy, Harper, 53, said during an interview in Vancouver with Bloomberg Television’s Erik Schatzker. The U.S. must begin to deal with its fiscal problems after the November elections, and slowing economies in emerging markets are less of a concern, he said at the Bloomberg Canada-Asia Conference in Vancouver.

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