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Brown reassured

Mark Mardell | 20:54 UK time, Thursday, 18 June 2009

The word is that Brown has got what he wanted: words written into the agreement on a new financial watchdog that give an assurance it can't commit national governments to spend money. But he loses the row about who gets to chair another new body which acts as an early warning system: it is going to be the head of the ECB, which rules out a Brit.

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