Would China come to rescue for euro crisis?
From news.xinhuanet.com
At the second eurozone summit in just four days that lasted well into Thursday morning, European leaders failed again to deliver a convincing and definitive rescue package designed to prevent the eurozone debt crisis from further spiraling, analysts said. Hopes that China and other emerging economies might come to the rescue prompted a sense of deja vu. However, some experts urged caution as they said the summit deal might prove a hard sell to potential participants in the package. Under a plan agreed by the eurozone leaders on Thursday morning, Greece's debt will be reduced, European banks will be recapitalized, and ...
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