It seems the market is getting a bit cautious about Euro. Greece, so it seems, will not be able to keep on paying its interest on debt, and will probably need more help than it was promised. How much can this effect euro? I think nobody knows but if the problem is not contained to Greece alone and it spreads to other countries, then the euro can get on a par with dollar in no time.
"Without another disbursement of funds before mid-July, we face the real http://www.blogger.com/img/blank.gifrisk of the first unorderly default within the eurozone," Wolfgang Schäuble - German finance minister wrote in the letter obtained by the Guardian. "Any additional financial support for Greece has to involve a fair burden-sharing between taxpayers and private investors." You can read a full article here on Guardian web site
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