EU Leaders Near Deal on Recovery Plan

Leaders from 27 member countries were headed for agreement Dec. 12 on a plan to spend 1.5% of the bloc's GDPabout $268 billionto prime the pump

After a debate clouded by pessimism over where Europe's economy is heading and which other bitter surprises the global financial turmoil might still place in European laps, EU leaders meeting in Brussels have broadly agreed on the proposed economy stimulus package for the 27-strong bloc.

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