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Germany may be open to euro-zone bonds: WSJ

SYDNEY (MarketWatch) -- Germany has signaled that it may be open to euro-zone bonds or further support for the region's banking sector, The Wall Street Journal reported late Sunday. Any lifting of Germany's objections to such moves would depend on other countries agreeing to transfer more power to Europe, the report stated, citing a unnamed German official. "The more that other member states get involved with this development and are prepared to give up sovereign rights to get European institutions more involved, the more we will be prepared to play an active role in developing things like a banking union," the official told the newspaper.