EU Leaders Agree On Bank Rescue Fund -- Voice of America
European leaders threw a critical financial lifeline to struggling Spain and Italy and agreed to a roadmap to restructure the euro currency union at a Brussels summit that continues through Friday.
After marathon overnight talks, the 27 European Union leaders agreed Friday on a series of short and longer term measures to shore up the struggling eurozone. As expected, they signed onto a growth and jobs package worth about $151 billion for the 17-nation area.
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