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EU 'Agrees' to Safeguard Banks

ASSURANCE

In last-ditch effort to end debt crisis.

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European leaders say they have mostly agreed to a general plan to save the euro zone from economic collapse by safeguarding banks. The officials are set to put together a last-ditch effort in Brussels to end the two-year debt crisis. Greece's default still threatens to push the world into a recession, and the leaders aim to have a plan by the self-imposed deadline of Wednesday.

Read it at Bloomberg News

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