Euro Weakens as German Lawmaker Says Greece Should Turn to IMF
Issue:ikonfx | Date: 2010年3月18日The euro weakened for a second day against the dollar and yen amid concern Greece will fail to secure financial assistance from the European Union, reducing the appeal of assets in the 16-nation region.
Europe’s currency fell versus 15 of its 16 major peers after Michael Meister, the chief finance spokesman for German Chancellor Angela Merkel’s Christian Democratic Union party, said yesterday Greece should turn to the International Monetary Fund if it needs aid, signaling a rift with European leaders Jean-Claude Trichet, Jean-Claude Juncker and Nicolas Sarkozy. The yen rose after a China Securities Journal report said regulators forced banks to stop lending to some developers. The Swiss franc strengthened for a fifth day.
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By Catherine
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