Eurozone ministers struggled to ramp up the firepower of their rescue fund and looked to the IMF for more help on Tuesday after Italy's borrowing costs hit a euro lifetime high of nearly 8%. Francois Lenoir/Reuters
Eurozone Ministers Look To IMF For Help -- National Post/Reuters
BRUSSELS/MILAN – Eurozone ministers struggled to ramp up the firepower of their rescue fund and looked to the IMF for more help on Tuesday after Italy’s borrowing costs hit a euro lifetime high of nearly 8%.
Two years into Europe’s sovereign debt crisis, investors are fleeing the eurozone bond market, European banks are dumping government debt, deposits are draining from south European banks and a looming recession is aggravating the pain, fuelling doubts about the survival of the single currency.
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More News On the Euro Crisis
Euro collapse looms as bailout plan sinks -- Sydney Morning Herald
Europe Fights for Euro's Survival -- Voice of America
Euro in danger, Europe races for debt solution -- Economic Times
Euro finance ministers try to avert crisis -- USA Today
Euro Finance Ministers Discuss Radical Ideas to Avert Global Crisis -- Yahoo News Finance
Pressure builds as eurozone ponders debt solutions -- Yahoo News/AP
Eurozone bailout fund falls short of €1 trillion target -- The Guardian
Euro crisis: Italy at risk of insolvency, European finance ministers warned -- The Guardian
Italian borrowing costs reach new highs -- The Telegraph
HIGHLIGHTS-Euro zone finance ministers and officials -- Reuters
Euro Trims Gains on Dollar -- Wall Street Journal
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