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July 21, 2011
European Commission President Jose Manuel Barroso speaks with the media Thursday as he arrives for an EU summit of eurogroup members at the EU Council building in Brussels.
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Europe nears agreement on Greek crisis bailout
Greece would avoid paying back some of its billions in loans and a Europe-wide rescue fund would gain new powers to swiftly aid other debt-stricken countries under a sweeping deal being negotiated by European Union leaders Thursday in a last-ditch attempt to contain the continent’s potentially devastating debt crisis.
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