Euro debt deal: All the key reaction

Reaction to news European leaders have struck a deal to ease the region's debt crisis has been mixed...

As part of the deal, private banks holding Greek debt have accepted a 50% loss, while the eurozone bailout fund has been increased from €440bn to €1trn . Additionally, banks have been told to recapitalise to the tune of €106bn. Here are some of the key quotes following news of the deal: Ian Spreadbury, Fidelity Strategic Bond fund manager: "The market has taken comfort from the announcements from the EU leaders' summit and it is indeed encouraging some form of agreement has been reached after all the squabbling we have witnessed. The headlines are positive but, as always, the devil ...