German-French Sparring Over Euro Caps 2012 Crisis Fight
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European Union leaders capped a third year of debt-crisis management with Greece obtaining fresh financial aid, a euro bank regulator taking shape and Germany and France sparring over what to do next.
German Chancellor Angela Merkel and French President Francois Hollande, stewards of the euro area’s top two economies, promoted conflicting visions of how to revamp the currency bloc once the fiscal crisis subsides.