EU leaders agree on austerity measures
China Daily | Updated: 2011-03-26 07:32
Euro countries move toward more economic coordination
BRUSSELS - European Union leaders have endorsed a long-prepared package of austerity measures to shore up the euro and sustain economic growth after an intensive discussion at the two-day spring summit.
The measures have been decided amid avid demonstrations and the resignation of Portugal's prime minister on Wednesday night after the parliament in Lisbon rejected a fourth austerity plan.
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