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European officials to continue efforts on new fiscal rules, Greek debt deal.
S&P downgrades France, Spain, Italy, Austria.
S&P downgrades France, Spain, Italy, Austria.
Next step in solving debt crisis is left up to the ECB.
Moodys warns debt crisis threatens regions sovereign ratings.
Mention of possible euro exit exacerbates European debt crisis.
Rise in Italian bond yields calls into question Europe's ability to resolve crisis.