Donnerstag, 20. Oktober 2011

Second Euro-zone Crisis Summit Set For Wednesday

FRANKFURT -- This Sunday's summit meeting of euro-zone leaders will be followed by a second meeting no later than Wednesday, the Associated Press reported Thursday. The plan for a second gathering comes as prospects for leaders to reach a detailed agreement on leveraging the region's bailout fund and agreeing on larger writedowns on Greek government debt for private bondholders at the Sunday summit in Brussels faded amid apparent disagreements between France and Germany.

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