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Independent voices from the The Washington Times Communities
Topic - Euro Group
Four top European Union officials on Thursday set out a blueprint for a closer financial union in a move that will clash with some member states' cherished national interests.
Some eurozone countries have strong doubts over whether a second massive bailout can save Greece, officials said Wednesday, even as Athens rushed to meet tough conditions to qualify for the 130-billion-euro ($170 billion) rescue.
Two steps forward, one step back. So goes the frenzied effort across Europe to bail out Greece and save it from a potentially devastating default on its debts.