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European leaders vow to fight financial storm
The leaders of Europe's four main economic powers vowed Saturday to protect fragile banks from the global financial crisis but insisted on sanctions against the chiefs of failed banks. France, Germany, Britain and Italy put on a united front, promising a more coordinated approach to dealing with credit crisis, but Germany's Chancellor Angela Merkel insisted that states would have to act individually. President Nicholas Sarkozy, who hosted Merkel and prime ministers Gordon Brown of Britain and Silvio Berlusconi of Italy, did not dispute this point, but said a new "doctrine" had been agreed.
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