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Holger Stelzner writes in Frankfurter Allgemeine that the decision means a formal end of the separation between monetary and fiscal policy in Europe.

This is a bizarre statement, since the much vaunted conditionality was a linking of monetary action to fiscal (and indeed other) policy.

by Metatone (metatone [a|t] gmail (dot) com) on Fri Sep 7th, 2012 at 07:16:16 AM EST
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