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Eurozone debt crisis deal: what the analysts say

From telegraph.co.uk

Greece is set to lead the eurozone's first-ever default as European leaders agreed that the private holders of Greek debt will take a hit of €106bn over eight years. Here, we look at what a selection of top analysts had to say about the deal. Richard Franulovich, senior currency strategist at Westpac "The most obvious question is how big the EFSF is going to be. It's becoming like a slush fund now. There are a lot of details to be ironed out. But by and large, European leaders have gotten ahead of the crisis and for the time being, it seems this has removed the risk for the euro. The problems seem to have been dealt ... (full story)

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