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Merkel Heads for Debt Showdown With Hollande at EU Summit

Germany and France, the biggest euro economies, are headed for a showdown at tomorrow’s European Union summit over their views on how to stem a debt crisis that threatens the single currency’s survival.

German Chancellor Angela Merkel said she won’t shy away from disagreeing with French President Francois Hollande at the summit in Brussels over dinner at 7 p.m., the next major appointment of leaders seeking to allay concerns that Greece may quit the euro, putting Spain and Italy at risk as well.