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Tranche agreed by EU; awaits IMF approval

Tranche agreed by EU; awaits IMF approval

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Jamie Coleman
21/10/2011 | 18:03 GMT

It’s always something…

  • Payment expected to be made in first half of November

EUR remains somewhat on the defense as Merkel heads into the EU summit with a very limited tool kit after her budget commit failed to approve any leverage for the EFSF.

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