EU leaders back Brown's bailout plan

British prime minister Gordon Brown scored a victory tonight when European leaders backed his blueprint for stemming global financial turmoil.

EU leaders back Brown's bailout plan

British prime minister Gordon Brown scored a victory tonight when European leaders backed his blueprint for stemming global financial turmoil.

After a week of chaos on the markets, the eurozone countries endorsed radical plans to guarantee interbank lending and inject capital into major institutions at risk of failure.

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