An Audacious Rescue Plan for Europe
The EU agreed to an audacious $955 billion bailout plan to stanch a growing sovereign debt crisis that began in Greece and threatened financial markets world-wide. Markets responded very positively, rallying sharply in Europe and sending U.S. stock futures soaring. The euro also rose. Stephen Fidler, David Wessel, David Weidner and Mike Reid discuss.
Posted on May 10, 2010
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