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Image header Agence Europe
Europe Daily Bulletin No. 10484
Contents Publication in full By article 34 / 37
GENERAL NEWS / (ae) eurozone summit

Deal finally reached

Brussels, 27/10/2011 (Agence Europe) - Meeting for the second time in four days, the heads of state of hte eurozone managed to reach agreement in the early hours of Thursday 27 October 2011 on a broad programme to deal with the sovereign debt crisis. They were able to persuade get private investors to agree to a 50% writedown in their Greek bond portfolios and promised to increase the lending capacity of the EFSF bailout fund to a trillion euros. They also decided on a process of...

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