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Latest News Wires In visit with Pope, Angela Merkel urges strong financial regulation

Two days after Pope Francis called for world finance reform, German Chancellor Angela Merkel met with him to discuss financial crises worldwide. She emphasized the need for tightening financial regulation.

By James MackenzieReuters / May 18, 2013

Gregorio Borgia/AP

German Chancellor Angela Merkel met Pope Francis on Saturday and, apparently responding to his criticism of a heartless "dictatorship of the economy", called for stronger regulation of financial markets.