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Eurowrap 10/10/12

A focus on the key news and analysis surrounding the eurozone crisis

IMF warns Japan of eurozone-style debt crisis

Will the crisis spread? 

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Merkel hides behind the troika report, the Greeks seethe, and the drachma advances

After the German chancellor's visit...

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On Merkel’s gamble

What was she thinking? 

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Italy and Spain back financial transaction tax

Which means the European Commission can start work on a proposal using "enhanced co-operation".

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