Silver moves higher on overnight meetings in Brussels: European leaders agree to use bailout fund to recapitalize struggling banks
Thursday, June 28th
" European leaders have agreed to use the continent’s permanent bailout fund to recapitalize struggling banks, and agreed to the idea of a tighter union in the long term.
The bank decision at overnight meetings in Brussels on Friday was aimed at helping Spain, which sought a €100 billion rescue to help its troubled banks and is facing rising borrowing costs." More...
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Source: AP
