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G-20 Leaders Chide Europe on Crisis

Spain pressed to provide details of its bank bailout by global chiefs.

By Tony Czuczka, Bloomberg | Updated on June 20, 2012

Group of 20 leaders prodded Spain to spell out details of its bank bailout as the deepening debt crisis in Europe exposed tensions among the world’s biggest economies.

With Greece on a financial lifeline and Spain asking for as much as 100 billion euros ($127 billion) in aid for its blighted banks, emerging economies pledged more money to stem the turmoil while chastising the euro area’s guardians for damaging market confidence.

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