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Germany rejects euro-area pooled debt on eve of EU summit

BERLIN — Germany rejected a proposal for shared euro-area debt one day before European Union leaders hold talks on steeling Europe against financial crises.

Germany’s aim is to keep debt-pooling off the list of topics for further discussion at the end of a two-day EU summit starting in Brussels on Thursday, a German government official said in an interview Wednesday, speaking on condition of anonymity because the leaders’ talks are private.

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