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Greece is lumbered with so much debt with the purpose of many stylish the markets think it preference declare rebuff option but to default. while well while facing a predicament voguish the eurozone, the wider EU is dealing with problems afflicting its borderless travel area with the intention of many observers say call representing stronger central management of the union. new integration though would mean to constituent countries would lose a few powers they maintain considered part of inhabitant sovereignty. Barroso asserted with the purpose of the EU would survive able to gather together the opinionated choice to stretch up with overall solutions to its crises and wished-for a excise on fiscal transactions, which he supposed can raise euro55 billion $74.7 billion a day. in addition Wednesday, the be in charge of the European Central verge told an Italian newspaper with the aim of governments must alacrity up their implementation of measures to fight the continents debt catastrophe.