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Europe Flash: ”Euro summit: Fiscal compact not very stringent and no go-ahead for Greek bailout yet”

Published on Sunday, March 4, 2012

Europe Flash: ”Euro summit: Fiscal compact not very stringent and no go-ahead for Greek bailout yet”

The EU summit that took place on March 1 and 2 developed mostly as expected. It advanced in the solution of the Greek programme, but did not provide the full go-ahead for the new funds. The new fiscal agreement was signed among 25 countries, but it does not sound particularly stringent.

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