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Page last updated at 09:12 GMT, Friday, 22 July 2011 10:12 UK

Germans see 'catastrophe averted'


Did yesterday's eurozone summit provide a long-term solution for Greece, and how will voters in France and Germany react?

Peter Bofinger, one of the "five wise men" economic advisers to the German government, explains why it is a "major step forward for the euro area".

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