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U.S. Rep. Garrett says haphazard implementation of rules is hurting economy.
Political will to be deployed to save the common currency.
Europes fastest growing economy lures buyers including Diageo, Goldman.
Sens. Hagan, McCain propose reducing rate on repatriated profits.
Merkel says European rescue fund should be last resort.
IMF official urges 'cross-border' efforts to shore up European banking sector.