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Page last updated at 03:12 GMT, Saturday, 8 May 2010 04:12 UK

Eurozone leader grant Greece financial aid package

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Leaders of the sixteen countries that use the European single currency have approved an unprecedented 140 billion ruro loan to Greece to prevent its financial crisis from spreading.

Eurozone leaders also announced plans for a European stabilisation mechanism, and tougher financial regulation.

Jonny Dymond reports.

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