Germany dismisses market rumour Merkel to quit


BERLIN (Reuters) - A German government spokesman dismissed market rumours on Friday that Chancellor Angela Merkel was to resign, and the euro recovered some poise in early European trade after taking a hit in Asia overnight.

The origin of the rumours was unclear and observers in Berlin were flabbergasted by the speculation. Government spokesman Christoph Steegmans said he was baffled by the talk.

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