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EU's Juncker Announces $380 Billion Stimulus Plan

European Commission President Jean-Claude Juncker said a $380 billion stimulus is needed to restore the European Union's economy and to show the world “Europe is back in business.”    The European commission chief said Wednesday $26 billion in seed money would flow from EU institutions under the proposal to improve investor confidence in Europe where massive government debt has undermined an investment market recovery. Juncker said the European Investment Bank would be...

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