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Eurozone bends the rules to save single currency

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Eurozone bends the rules to save single currency

E
euronews (in English)

1 Views • Jun 29, 2012

Description

At the end of a two-day summit, the eurozone has adopted a more flexible approach to tackling its crippling debt crisis.

The bloc's future permanent bailout fund, the ESM, for instance, will be able to inject aid directly into banks from next year - without increasing a country's budget deficit.

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http://www.euronews.net/