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Necessary bailout actions have strained basis of EMU;
Optimistic crisis will ultimately lead to stronger EMU;
Confident Ireland bailout to help stabilize Irish banks;
Need real strengthening of stability and growth pact;
Need more intensive macroeconomic surveillance;
Calls for more automaticity in eu fiscal sanctions;
See Germany deficit at 2.5%/GDP in 2011;
Germany must keep consolidation course due to high debt;
Germany should be aware it is a role model in Eurozone.
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