Before this day, 26 October 2011, becomes history, the European Union has to come up with the answers everybody in the financial world, from Beijing to New York, Moscow to Brazil, is waiting for.

And this day must provide guarantees that the Eurozone will continue to be a major global player and the largest economic powerhouse in the world.

Coming down to details, German Chancellor Angela Merkel will be in Brussels this afternoon with a proposal in her bag that was voted for by the B...

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