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Morales hints creation of new South America in footsteps of EU
Bolivian President Evo Morales hinted at creation of a new South America in footsteps of the European Union. Morales expects stepped-up cooperation among the presidents of other states in the continent. Morales also expects introduction of a common monetary unit, such as EU's euro, with a higher value than the dollar, EFE news agency said.
In an interview to German media, Bolivian President said that Venezuela's President Hugo Chavez shares his position on integration of the South American continent.
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