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...Brussels Bailout Denied The European Union dismissed a Hungarian-led request from nine hard-hit East European countries for a $240 billion economic bailout, saying that blanket spending would be ill-advised owing to each nation's unique financial outlook. Hungarian Prime Minister Ferenc Gyurcsany insisted that without funds, a 'new Iron Curtain' would divide Europe...

Author: /time Magazine | Title: The World | 3/5/2009 | See Source »

...spare killers.' SHEIKH HASINA, Prime Minister of Bangladesh, rescinding the amnesty she had offered to border guards who killed more than 73 officers during a two-day mutiny...

Author: /time Magazine | Title: Verbatim | 3/5/2009 | See Source »

...SIMPSONS to become longest-running prime-time series ever. Bart, 28, still lives with parents...

Author: /time Magazine | Title: Pop Chart | 3/5/2009 | See Source »

...avoid that, Hungarian Prime Minister Ferenc Gyurcsány wants $230 billion in aid for Eastern members hardest hit by the crisis, and fast-track membership to the eurozone, the club of nations that uses Europe's common currency. Without help, Gyurcsány says, there is likely to be social and political unrest and a new economic Iron Curtain across Europe...

Author: /time Magazine | Title: Solidarity's End | 3/5/2009 | See Source »

...summit in Brussels on March 1, German Chancellor Angela Merkel rejected the call for a mass bailout. Luxembourg Prime Minister Jean-Claude Juncker, who chairs meetings of the eurozone's finance ministers, dismissed the idea of relaxing the entry criteria to the euro. And French President Nicolas Sarkozy, who just a few weeks ago raised the specter of a return to protectionism when he suggested that French carmakers should close their factories in the East and move home, accused Eastern Europe of putting the entire E.U. at risk...

Author: /time Magazine | Title: Solidarity's End | 3/5/2009 | See Source »

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