News Alert: Euro zone puts up $670B in fresh bailout money to calm debt fears, AP reports

	Friday, March 30, 2012 8:33:28 AM ECONOMY/BUSINESS NEWS ALERT Euro zone puts up $670B in fresh bailout money to calm debt fears, AP reports The 17 countries that use the euro will put up €500 billion ($670 billion) in fresh money to help countries with debt troubles — a big increase from the previous €300 billion limit, but unlikely to calm concerns that large countries like Spain or Italy will not be protected if they run into trouble. Euro-zone finance ministers, who were meeting in Copenhagen, Denmark, said that the currency union now possesses a $1 trillion financial firewall that should help put an end to its debt crisis. Read more at: http://www.washingtonpost.com/business/markets/eurozone-unlikely-to-boost-crisis-firewall-to-13-trillion-demanded-by-international-partners/2012/03/30/gIQApKYgkS_story.html Or visit PostBusiness.com. SEND TO A FRIEND UNSUBSCRIBE E-MAIL CENTER GET HELP Washington Post Digital E-mail Customer Care 1150 15th Street NW Washington, D.C. 20071  ©2011 The Washington Post Privacy Policy