Club Med takes on the Frugals in EU 'corona bond' bailout battle
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BRUSSELS/FRANKFURT (Reuters) - Leaders of nine EU countries urged the bloc on Wednesday to issue a "common debt instrument" to cushion their economies from the shock of the coronavirus crisis, challenging Germany and others adamantly opposed to pooling risk across the continent.European Union finance ministers broadly agreed the previous day on an idea that governments grappling for funds might apply for a credit line worth some 2% of their GDP from a joint bailout fund called the European..