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What is the future of Europe and of the Eurozone? This was the topic of a finance seminar in Berlin, organised by the German Banking Association and Luxembourg for Finance. This event was part of Luxembourgs three-day state visit to Germany. In a roundtable, Ernst Wilhelm Contzen, President of the Luxembourg Bankers Association (ABBL) asked politicians to stop blaming bankers for this financial crisis. The event kicked off with a dialogue between the Finance ministers from Germany and Luxembourg, Wolfgang Schuble and Luc Frieden.
The mutual respect both politicians showed to each other was palpable during their dialogue. They both declared that European finance ministers have to speak with one voice when they announce reforms that will be painful in...
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