Europe Agrees to Basics of Plan to Resolve Euro Crisis

European leaders made significant progress in resolving the euro zone financial crisis, obtaining an agreement from banks to take a 50 percent loss on the value of their Greek debt.


Read more >> http://www.nytimes.com/2011/10/27/world/europe/german-vote-backs-bailout-fund-as-rifts-remain-in-talks.html?_r=1&nl=todaysheadlines&emc=tha2