Euro Bailout Back on the Table
October 06, 2008
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On Saturday, leaders of Europe’s four biggest economies — Germany, France, Britain and Italy — decided against a coordinated bank bailout, while vowing to stabilize markets.
But in what would mark a stunning reversal after just a day, Italian Prime Minister Silvio Berlusconi said on Sunday that Italy would revive the idea of a common bank bailout fund at a meeting of finance ministers on Monday.
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