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Eurozone finance ministers try to beef up rescue fund, give Greece $10.7 billion cash lifeline
BRUSSELS (AP) ' Eurozone ministers have agreed on measures to give their rescue fund more firepower on global markets in an attempt to ease the pressure on their embattled euro currency.
The 17 ministers meeting in Brussels agreed on options to give the rescue fund more leverage power and build up resources to help bigger troubled EU members such as Italy and Spain.
Earlier Tuesday, the ministers threw a lifeline to Greece, approving an euro8 billion ($10.7 billion) rescue loan so it would not run out of money in the next few weeks.