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Eurogroup set to fix EFSF leveraging rules, deal with Greek aid
Euro zone ministers likely to approve Greek payout. EFSF bailout fund intervention rules ready for approval. Italy's Monti to explain reform plans Euro zone finance ministers are to agree on Tuesday on details of leveraging their EFSF bailout fund so it can help Italy or Spain should they need aid, and are likely to approve the next tranche of emergency loans for Greece and Ireland. Documents obtained by Reuters on Sunday showed the detailed guidelines for the European Financial Stability Facility (EFSF) were ready for approval by the ministers, opening the way for new operations and multiplying the fund's effective ... (full story)
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- PistolDave
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Good better best, never shall we rest.