Germany said European Union leaders won't provide the completefix to the euro-area debt crisis that global policy makers arepushing for at an Oct. 23 summit.

German Chancellor Angela Merkel has made it clear that “dreamsthat are taking hold again now that with this package everythingwill be solved and everything will be over on Monday won't be ableto be fulfilled,” Steffen Seibert, Merkel's chief spokesman, saidat a briefing in Berlin today. The search for an end to the crisis“surely extends well into next year.”

Group of 20 finance ministers and central bankers concludedweekend talks in Paris endorsing parts of an emerging plan to avoida Greek default, bolster banks and curb contagion. They set theOct. 23 summit of European leaders in Brussels as the deadline forit to be delivered.

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