What Will Eurozone Bailout Mean?

The HeraldOctober 28, 2011

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Summary


Q: Where is the money coming from?

A: That remains to be seen. Eurozone countries have put lots of money into their bailout fund. But the deal announced yesterday committed them to more than doubling its size, to 1 trillion euro. To spread the load, and the risk, they are looking for money from investors including funds and even the Chinese government.

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What Will Eurozone Bailout Mean?

Q: What does it mean for UK banks?

A: Unlike many of t...

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