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Spanish Prime Minister dissolves parliament
Spain's Prime Minister Jose Luis Rodriguez Zapatero at a press conference at the Moncloa Palace in Madrid, September 26, 2011, after dissolving the country's parliament.
Spanish Prime Minister Jose Luis Rodriguez Zapatero has dissolved the country’s parliament two months ahead of the next parliamentary elections.
Zapatero had earlier in the year announced that he would not seek a third...
Merkel seeks bank levy to make those who caused Global crisis pay
The European Union should push world powers to bring in a global levy on banks to “make those who caused the crisis pay,”Germany’s Chancellor Angela Merkel said on Thursday.
EU leaders are keen not to repeat the experience of the last two years, when they had to bail out banks with public funds to prevent the financial crisis from worsening. The intervention left them with huge deficits,...