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Merkel sets limits on euro zone risk-sharing

German Chancellor Angela Merkel holds a news conference during a European Union leaders summit, in Brussels December 14, 2012. REUTERS/Eric Vidal

German Chancellor Angela Merkel holds a news conference during a European Union leaders summit, in Brussels December 14, 2012. REUTERS/Eric Vidal

German Chancellor Angela Merkel holds a news conference during a European Union leaders summit, in Brussels December 14, 2012. REUTERS/Eric Vidal
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Italy's Prime Minister Mario Monti arrives at a European Union leaders summit, in Brussels December 14, 2012. REUTERS/Sebastien Pirlet

Italy's Prime Minister Mario Monti arrives at a European Union leaders summit, in Brussels December 14, 2012. REUTERS/Sebastien Pirlet

Italy's Prime Minister Mario Monti arrives at a European Union leaders summit, in Brussels December 14, 2012. REUTERS/Sebastien Pirlet
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Spain's Prime Minister Mariano Rajoy arrives at a European Union leaders summit, in Brussels December 14, 2012. REUTERS/Sebastien Pirlet

Spain's Prime Minister Mariano Rajoy arrives at a European Union leaders summit, in Brussels December 14, 2012. REUTERS/Sebastien Pirlet

Spain's Prime Minister Mariano Rajoy arrives at a European Union leaders summit, in Brussels December 14, 2012. REUTERS/Sebastien Pirlet
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France's President Francois Hollande (L) talks with European Council President Herman Van Rompuy during a European Union leaders summit, in Brussels December 14, 2012. REUTERS/Eric Vidal

France's President Francois Hollande (L) talks with European Council President Herman Van Rompuy during a European Union leaders summit, in Brussels December 14, 2012. REUTERS/Eric Vidal

France's President Francois Hollande (L) talks with European Council President Herman Van Rompuy during a European Union leaders summit, in Brussels December 14, 2012. REUTERS/Eric Vidal
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Britain's Prime Minister David Cameron arrives at a European Union leaders summit, in Brussels December 14, 2012. REUTERS/Sebastien Pirlet

Britain's Prime Minister David Cameron arrives at a European Union leaders summit, in Brussels December 14, 2012. REUTERS/Sebastien Pirlet

Britain's Prime Minister David Cameron arrives at a European Union leaders summit, in Brussels December 14, 2012. REUTERS/Sebastien Pirlet
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Germany's Chancellor Angela Merkel arrives at a European Union leaders summit, in Brussels December 14, 2012. REUTERS/Sebastien Pirlet

Germany's Chancellor Angela Merkel arrives at a European Union leaders summit, in Brussels December 14, 2012. REUTERS/Sebastien Pirlet

Germany's Chancellor Angela Merkel arrives at a European Union leaders summit, in Brussels December 14, 2012. REUTERS/Sebastien Pirlet
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Greece's Prime Minister Antonis Samaras arrives at a European Union leaders summit in Brussels December 14, 2012. REUTERS/Francois Lenoir

Greece's Prime Minister Antonis Samaras arrives at a European Union leaders summit in Brussels December 14, 2012. REUTERS/Francois Lenoir

Greece's Prime Minister Antonis Samaras arrives at a European Union leaders summit in Brussels December 14, 2012. REUTERS/Francois Lenoir
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Britain's Prime Minister David Cameron (L) talks with Germany's Chancellor Angela Merkel (C) and Malta's Prime Minister Lawrence Gonzi during a European Union leaders summit in Brussels December 14, 2012. REUTERS/Eric Vidal

Britain's Prime Minister David Cameron (L) talks with Germany's Chancellor Angela Merkel (C) and Malta's Prime Minister Lawrence Gonzi during a European Union leaders summit in Brussels December 14, 2012. REUTERS/Eric Vidal

Britain's Prime Minister David Cameron (L) talks with Germany's Chancellor Angela Merkel (C) and Malta's Prime Minister Lawrence Gonzi during a European Union leaders summit in Brussels December 14, 2012. REUTERS/Eric Vidal
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German Chancellor Angela Merkel holds a news conference during a European Union leaders summit, in Brussels December 14, 2012. REUTERS/Eric Vidal

German Chancellor Angela Merkel holds a news conference during a European Union leaders summit, in Brussels December 14, 2012. REUTERS/Eric Vidal

German Chancellor Angela Merkel holds a news conference during a European Union leaders summit, in Brussels December 14, 2012. REUTERS/Eric Vidal
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German Chancellor Angela Merkel holds a news conference during a European Union leaders summit, in Brussels December 14, 2012. REUTERS/Eric Vidal

German Chancellor Angela Merkel holds a news conference during a European Union leaders summit, in Brussels December 14, 2012. REUTERS/Eric Vidal

German Chancellor Angela Merkel holds a news conference during a European Union leaders summit, in Brussels December 14, 2012. REUTERS/Eric Vidal
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