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Treaty change to help Eurozone countries

EU leaders have agreed to make changes to the Lisbon Treaty to enable them to set up a permanent rescue mechanism to help Eurozone countries in financial difficulty.

The agreement follows multi-billion-euro bailouts for the Greek and Irish economies earlier this year.

There are still fears that countries like Portugal and Spain may also need financial assistance.

Damon Embling reports.

  • 17 Dec 2010