Eurowrap 23/10/12

The kiss of life or of death?

Ireland is left out in the cold after the European summit. 

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Troika demands all Greek tax collectors be fired

They’ve got until Friday.

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The eurozone needs its own budget with significant capacity to absorb major shocks and tackle the crisis

But what will it look like?

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Moody's slashes five Spanish regions 

The downgrade comes on the heels of regional elections in Spain. 

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