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• Mugabe riles Zimbabwe foes as mediator comes
European Union ministers meeting in Luxembourg said they were keeping "close watch on the implementation of the agreement" signed by Mugabe and Tsvangirai. They said they would keep sanctions against Mugabe and some of his key officials until they ...
• World struggles with unified response to crisis
The EU pledged to protect people’s savings and maintain financial stability while euro zone finance ministers gathered in Luxembourg in an attempt to attack the crisis in unison. But some analysts were pessimistic that European powers could stop ...
• European markets recover lost ground
And the news that the governments of France, Belgium and Luxembourg will give struggling lender Dexia SA a yearlong guarantee on its new loans and deposits, sent the company’s shares soaring by 18 percent. No one in the markets though is willing to ...
• EU reaches agreement on tackling bank crisis
LUXEMBOURG - The European Union's 27 governments agreed Tuesday to guarantee private savings of up to 50,000 euros for one year and set guidelines on how each country could rescue a failing bank, finally taking a measure of coordinated action against ...
• European nations to guarantee bank debt
... be subject to “an appropriate restructuring plan,” the governments said — a clear hint of more management shake-ups like the one that saw the ouster of top executives of French-Belgian lender Dexia SA after the French, Belgian and Luxembourg ...