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Wednesday, June 13, 2012

Planet Money

Why Germany Keeps Saying No

German Chancellor Angela Merkel wants to help the rest of Europe, but only if they play by the rules.

June 13, 2012 It's not just money. Germany fears a lack of control. German leaders think if they intertwine themselves more closely with the rest of Europe — without having some control over the actions of other countries — they will once again be on the hook for bailing out their neighbors.

Summary

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