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Chris Rice, manager of the Citywire Selection Cazenove European fund , says we are coming to the end game of the eurozone crisis, with the Germans leading the charge in bringing about a different type of Euro.
Rice argues that the Germans have been using the power of the markets to initiate change in Spain and Italy over the last 12 months, as well as bringing the often state-orientated French into the German fold.
Rice adds that while the next stage is coming in the long eurozone saga, the Greeks have again thrown a spanner in the works.
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