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EU agree rules for bank rescues by bailout fund

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LUXEMBOURG (AP) — Euro finance ministers on Thursday agreed on broad guidelines on how to use the bloc's permanent bailout fund to rescue banks from failure, delivering on a long-promised goal to stabilize the bloc's financial system. Enabling the 500 billion euro ($670 billion) rescue fund to shore up struggling banks directly is a pillar of the 17-nation eurozone's so-called banking union,...

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