Saturday, June 30, 2012

EU Deal for Spain, Italy Buoys Markets but Details Sketchy - NYTimes.com

EU Deal for Spain, Italy Buoys Markets but Details Sketchy - NYTimes.com:

 "BRUSSELS (Reuters) - Under pressure to prevent a catastrophic breakup of their single currency, euro zone leaders agreed on Friday to let their rescue fund inject aid directly into stricken banks from next year and intervene on bond markets to support troubled member states."

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