March 26 (Bloomberg) -- The euro rose from a 10-month low against the dollar a day after European leaders endorsed a Franco-German proposal to assist Greece through a mix of International Monetary Fund and bilateral loans.
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Comment: This Greek episode indeed may have ended with a happy end, but for many countries around the world the great debt tragedy is still only in its early stages. More to come. With hardly a happy end in the end.
See assessment in major papers
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