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German minister defends European IMF idea

Quick ReadGerman minister defends European IMF idea as a way to tighten rules; discipline in euro zone

(AP) — Germany's finance minister defended the idea of an European Monetary Fund, but insisted it was not aimed at solving the current debt crisis with Greece, in comments released Sunday.

Wolfgang Schaeuble also denied that any decisions about extending financial aid to Greece would be made at Monday's meeting of European Union finance ministers in Brussels, despite various reports indicating...

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