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Euro plunges on reported crisis talk deadlock

• hosted.ap.org








WASHINGTON (AP) -- The euro is plunging against other currencies after European leaders and banks appeared deadlocked over how much of Greece's debt should be forgiven.

European leaders are meeting in Brussels Wednesday about efforts to prop up banks, bail out Greece and prevent the debt crisis from spreading. Last week, they promised a detailed plan by Wednesday. That looks increasingly unlikely.


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