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Europe Daily Bulletin No. 10107

27 March 2010
EUROPEAN COUNCIL / (eu) european council
Eurozone opts for mixed, predominantly European mechanism to support Greece

Brussels, 26/03/2010 (Agence Europe) - Will the long-awaited agreement reached during the evening of Thursday 25 March between eurozone heads of state have the desired effect? The rescue plan for Greece should restore market confidence and bring down Greek state bond rates. When all is said and done, the rescue plan is above all dissuasive, with European leaders hoping they will not need to trigger it. Although the declaration by EU heads of state and government has the merit of clarifying a...

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