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EU summit statements will put a floor to euro-dollar: Citi

In an interview to CNBC-TV18, head- Asia strategy, Patrick Perretgreen of Citi says the latest developments from the two-day EU summit are positive for debt-ridden Spain.
Various mechanisms considered to expand EFSF: IMF Lipsky

John Lipsky, current advisor to the managing director of the IMF believes that European authorities are looking out for ways to expand the EFSF.

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