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Europe crafts debt deal as banks take Greek losses

October 27, 2011

BRUSSELS (AP) -- European leaders clinched a deal Thursday they hope will mark a turning point in their two-year debt crisis, agreeing after a night of tense negotiations to have banks take bigger losses on Greece's debts and to boost the region's weapons against the market turmoil....

Source URL: http://hosted.ap.org/dynamic/stories/E/EU_EUROPE_FINANCIAL_CRISIS?SITE=ORLAG&SECTION=HOME&TEMPLATE=DEFAULT
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