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European Shares Seen Clawing Back Losses, Concerns Persist
26 Jun 2012 EDT - CNBC.com
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Rapanos was due to attend the EU summit later this week where the country is tabled to discuss possible softening of the terms of its bailout.

The Financial Times newspaper reported that EU officials could get powers to re-write euro zone budgets for countries that breach debt and deficit rules under proposals to be discussed at the summit.

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