European leaders meet to discuss financial crisis

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European leaders meet to discuss financial crisis

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10-14-2008, 01:47 AM

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European leaders meet to discuss financial crisis

The 15 Eurozone leaders have met in Paris this weekend and agreed on an emergency plan to prevent further financial institutions collapsing. France and Germany followed the UK by spending billions of euros to guarantee loans in leading banks in a bid to fight off financial meltdown. Banks’ reluctancy to lend to each other has been [...]

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