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EU Leaders Should Push Merkel on Flexibility: Expert

Friday, 15 Mar 2013 | 2:00 AM ET

Thanos Papasavvas, strategist, fixed income and currencies at Investec Asset Management, tells CNBC that the period before the September elections in Germany is crucial for European leaders to push Germany into taking a more dovish stance on EU reforms as she tries to win over supporters of her main challenger in the elections. The opposition SPD places a greater emphasis on growth than Merkel who has stressed the need for austerity.