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Day: July 17, 2011
![Merkel calls for European credit rating agency](https://apiwp.thelocal.com/wp-content/uploads/2011/07/ffc2702039cfea72605907c0c7ffbd80a5faf69a18156c6e33d32be4ee3983f1.jpg)
EUROPE
Merkel calls for European credit rating agency
German chancellor Angela Merkel called Sunday for the creation of a European credit rating agency, on the back of recent discontent over the downgrading of some EU economies.