Economists: Euro zone's vow to help Greece is a "defining moment"

04/13/2010 | Bloomberg

Economists at Commerzbank and Barclays Capital said the pledge from euro-zone leaders to develop an aid package for Greece could be a step toward a more unified European fiscal policy. "It's a defining moment," said Julian Callow, chief European economist at Barclays. "We have countries coming together able to help and give assistance to one of their ... [members] in the euro area."

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