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Mar 19, 2011

Eurozone moves forward on permanent bailout

Eurozone moves forward on permanent bailout
José Manuel Barroso, left, and Herman Van Rompuy agreed to enlarge the bailout fund and lower Greece's interest rates. Eurozone leaders agreed to create a permanent bailout fund and reduce interest rates on Greek bail-out loans as part of an overall initial agreement "in principal" on the future of joint economic policy, EU President Herman Van Rompuy announced March 12. But the details of the agreement, including 

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