Truthdig - Tag - Bailout Fund

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Tag: Bailout Fund

Photo by WEF/Remy Steinegger (CC-BY-SA)

Europe Bails Itself Out, for Now

By William Pfaff —

The latest, and 20th, European “summit” meeting, held last week in Brussels, was symbolically a defeat for Germany’s Angela Merkel, who agreed that Europe’s permanent bailout fund could directly recapitalize certain troubled eurozone banks.

Posted on Jul 3, 2012 READ MORE

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