But the justices kept straying into the merits of the case and the quality of the evidence presented by both sides, because that is critical to determining whether there is a central issue binding more than 1 million women.

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Investors expect a new pact will include measures to curb excessive debt by making budget discipline legally binding, which could persuade the European Central Bank to take more action to halt the selloff in debt markets.

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Moreover, all the main support measures undertaken in Central and Eastern Europe, like the Vienna Initiative, for instance, were not legally binding agreements, but based on voluntary participation within a multilateral framework.

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The Greek crisis only confirms the folly of binding a group of disparate countries together in a currency zone with no mechanism, such as a central fiscal authority, to address its internal imbalances.

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