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I don't want euro bonds that serve to mutualize the entire debt of the countries in the euro zone. That can only work in the longer-term. I want euro bonds to be used to finance targeted investments in future-oriented growth projects. It isn't the same thing. Let's call them 'project bonds' instead of euro bonds.

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People in the business will stay with you through drugs and alcohol and divorces and insanity and everything else but you have a failure pal and they don't want to know nothing about you!