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Last updated: May 11, 2010 2:36 pm

The EU rescue plan explained

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On Sunday, after 11 hours of talks, EU authorities announced that a €750bn ($936bn, £625bn) loan package had been agreed between EU finance ministers, central bankers and the IMF. This the biggest bail-out since the collapse of Lehman Brothers in 2008.

Hear analysis on the deal from the FT’s economics editor, Chris Giles, in the audio slideshow below.

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