Wednesday, September 7, 2011

Eurozone avoids chaos, but debt struggle persists: analysts

The eurozone avoided a nightmare scenario when Germany's top court authorised bailouts, but caveats imposed by the judges risk limiting the bloc's options to resolve the debt crisis, analysts say.




All in all, the ruling came as a huge relief to officials in Brussels who are already struggling to finalise a new Greek bailout and an overhaul of the eurozone's rescue fund for debt-laden nations.






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AFP