a better announcement is that the EU group's come up with debt backing for Greece and other EU countries today.
http://finance.yahoo.com/news/Eurozone-agrees-on-bailout-apf-1325706734.html?x=0&sec=topStories&pos=main&asset=&ccode=
However, the backing isn't at ultra-low rates, so imho, it's a publicity exercise to placate the bond markets.
dyor.
announcement could be seen as a positive, page-2
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