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There would be no point in promising more and more money without tackling the causes of the crisis,” said Merkel. “Amid all the billions in financial assistance and rescue packages, we Germans also need to watch that we don’t run out of steam. After all, our capacities aren’t infinite, and overstretching ourselves wouldn’t help us or the EU as a whole. Angela Merkel casts doubt on saving Greece from financial meltdown - Ian Traynor’s interview starts our series on the state of Europe





