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Punishment Push: Bailouts banned in New EU

2010-10-29 5 Dailymotion

The European Union has bowed to the demands of its heavyweight members, who've grown weary of paying for the mistakes of the smaller nations. At a summit in Brussels, they've agreed to change the current workings of the bailout system. But it comes short of the tough punishments for overspenders proposed by Germany - which paid dearly to rescue Greece from its crisis. RT's Laura Emmett reports.
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