Previous Post: Merkel defends compromise deal on eurozone banks nbsp
European leaders surpassed expectations to reach breakthrough on debt crisis
The Washington Post – Europe’s leaders surprised skeptics with a bold plan to pump cash into troubled banks, reduce borrowing costs for Italy and Spain and stop forcing austerity on every government that needs aid. Now their finance ministers have a week and a half to work out a lot of the details, and investors will be paying close attention. Read article
Tags: banks, debt wealth, Europe
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