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El-Erian: Don't Expect Magic Bullet From Euro Growth Pact or ECB - Wall Street Journal (blog)

http://blogs.wsj.com/marketbeat/2012/05/01/el-erian-dont-expect-magic-bullet-from-euro-growth-pact-or-ecb/

By Tom Lauricella There's a growing belief that European officials are marching toward a “growth pact” aimed at providing some sort of relief from the austerity that has stirred up the electorate. This idea gained currency with an endorsement of sorts ...

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