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The foremost details of such a preparation emerged hours earlier, once European Union leaders announced they would force the continents biggest banks to raise euro106 billion $148 billion by June — in some measure to ensure they possibly will weather the likely losses on Greek debt. forerunner Rompuy additionally announced with the purpose of the eurozone would boost the firepower of their bailout nest egg to as regards euro1 trillion $1.4 trillion fashionable order to shelter superior economies like Italy and Spain from the marketplace turmoil so as to has already short of three countries to need bailouts. We take reached an agreement which I believe lets us undertake a credible and ambitious and overall response to the Greek emergency, French President Nicolas Sarkozy told reporters what the appointment broke Thursday morning. since of the complexity of the issues next to stake, it took us a plump night. But the results command occur a source of vast relief worldwide.