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Merkel's bid to keep calm and carry on with the eurozone

A PREVIOUS socialist president of France, Francois Mitterrand, once said of Margaret Thatcher that she had the eyes of Caligula and the mouth of Marilyn Monroe.

Critics of Angela Merkel, the German Chancellor, would probably stop at the half-way point of that thorny compliment. The peepers of an emperor, mistress of all she surveys, when will she stop telling the EU what to do?

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