European rescue funds capacity boosted to $1.4 trln.
By James G. Neuger and Stephanie Bodoni, Bloomberg|October 27, 2011 at 05:32 AM
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European leaders cajoled bondholders into accepting 50 percent writedowns on Greek debt and boosted their rescue fund’s capacity to 1 trillion euros ($1.4 trillion) in a crisis-fighting package intended to shield the euro area.
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