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Euro leaders postpone crisis summit

PUBLISHED ON: October 11, 2011 | Duration: 2 min, 39 sec

  
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European leaders pushed back a debt- crisis summit amid opposition to German Chancellor Angela Merkel's drive for deeper-than-planned writedowns of Greek bonds. Adam Myers, senior currency strategist at Credit Agricole, says this is a perfect mix of politics and markets and there is wide spread optimism that something will be delivered on Oct 23.
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