European Ministers Announce Loan Deal ...Breaking News Alert
The New York Times
Sun, May 09, 2010 -- 8:35 PM ET
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European Ministers Announce Loan Deal to Stabilize Troubled Economies
Elena Salgado, the Spanish finance minister, has announced a
deal among European nations for 60 billion euros managed by
the European Commission and 440 billion euros in bilateral
loans to help stabilize troubled economies. She said the
International Monetary Fund was ready to give up to 220
billion euros separately.
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