Economic

European Union crisis summit comes up with a deal

“European Union leaders announced an agreement early Thursday on debt crisis measures, including a hard-fought deal with private sector investors to take a 50% loss on Greek bonds.

The agreement came at the end of marathon talks to finalize the policy response to the government debt and banking problems threatening the stability of the euro currency and global economy.”

Source: European Union crisis summit comes up with a deal – Oct. 26, 2011

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