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Should the US apologize for spying on Europe?

German Chancellor Angela Merkel has demanded that the United States strike a "no-spying" agreement with Berlin and Paris as anger mounts over alleged monitoring of her phone by the U.S. National Security Agency (NSA).

Martin Schulz a prominent German lawmaker and the president of the European Parliament told CNBC that the NSA's wayward behavior is the first step to the country losing its credibility on the global stage.

Do you think the U.S. should apologize following the reports that it spied on Merkel's private communications? Vote in our poll.

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