Eurozone leaders strike a nightly deal

27th October 2011, Comments 0 comments

Eurozone leaders talked late into the night in Brussels on Wednesday finally managing to strike a deal to take the sting out of the Greek debt crisis and shore up the troubled common European currency. Fifty per cent of Greek public debt is being wiped out, while the Euro emergency fund, the EFSF, is being beefed up to a trillion euros.

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