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German backing for ECB action lifts stocks, euro

August 17, 2012 Comments Off on German backing for ECB action lifts stocks, euro

August 17, 2012, 10:30 am

LONDON (Reuters) – Global shares hit multi-month highs on Friday, with top European stocks and the euro both lifted by support from German Chancellor Angela Merkel for European Central Bank intervention to calm the euro zone’s debt troubles.
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