European stocks fell today, leading to their biggest weekly drop since May 2012 as concerns mounted that the European Central Bank will face obstacles as it tries to revive the region’s stumbling economy.
Differences between the ECB and Germany over the steps needed to revive the euro area economy came to the fore yesterday, as German Finance Minister Wolfgang Schaeuble warned against US-style qualitative easing and urged continued budgetary discipline.
Meanwhile, in Washington yesterday,...
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