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Eurozone Bailout Fund

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Boost for eurozone fund, but Spain downgraded

Slovakia has ratified the eurozone bailout fund, removing the final hurdle to boosting eurozone defences against the debt crisis, as a new ratings downgrade for Spain underlined the need for action.
Merkel-Sarkozy meet disappoints; Eurobonds not a solution

Expectations were running high ahead of the Merkel-Sarkozy meet last night, but the outcome sure has disappointed the Street.

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