Europe rejects U.S. approach to financial crisis, stirring doubts about plan

PARIS — European officials have rejected key recommendations from the United States and the International Monetary Fund, casting doubt on whether an emerging plan to address the region's financial crisis will be as broad or fast acting as hoped.

As crisis negotiations continued this weekend, European officials said they had reached general agreement on a response they were confident would restore faith in European banks and government finances.

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Associated Press 16 Oct, 2011


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