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12/25/10

France Wants Closer Euro Zone Economic Policy: Report - ABC News

France wants all 16 euro zone governments and any other interested European Union members to coordinate their economic policy more closely in the future, Economy Minister Christine Lagarde told a German newspaper.

"The crisis showed us that it is not sufficient to limit public debt as foreseen in the Maastricht Treaty. Ireland stuck to these criteria and finds itself nevertheless in difficulty," Lagarde said in an interview with the Sueddeutsche Zeitung.

For more: France Wants Closer Euro Zone Economic Policy: Report - ABC News

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