Published December 09, 2011, 04:18 PM
EU agrees to new fiscal union, sees way out of crisis
Working almost to exhaustion and persuading countries one by one, European leaders agreed Friday to redefine their continent — hoping that by joining their fiscal fortunes they might stop a crippling debt crisis, save the euro currency and prevent worldwide economic chaos. Only one country said no: Britain. It will risk isolation while the rest of the continent plots its future.By: Angela Charlton and Gabriele Steinhauser, Associated Press
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