Merkel: Financial Crisis Solution To ‘Take Years’

German Chancellor Angela Merkel flatly rejected any quick-fix ideas to try to resolve the European financial crisis, telling lawmakers Friday that treaty changes and a stricter fiscal union were the only path forward — a process that could take years.
Merkel and French President Nicolas Sarkozy are pushing for a reorganization of existing European Union regulations, in order to ensure the eurozone’s long-term stability and win back the trust of markets that have grown jittery over

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