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European leaders have agreed to a plan that would inject billions of euros into troubled banks - je 13.10.2008 08

Sebastian KatzerOctober 13, 2008

European leaders have agreed to a plan that would inject billions of euros into troubled banks. Meeting in Paris, EU officials from eurozone countries promised to tackle the current financial crisis by pledging fresh capital for threatened financial institutions and guaranteeing loans between banks. In presenting the plan, French president Nicolas Sarkozy said EU leaders were taking unprecedented steps to restore trust in the financial sector.

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