Sunday, May 8, 2011
Euro wobbles over fears of Greece ditching for drachma
Rumours that Greece was ready to ditch the Euro saw the currency drop by one per cent against the dollar. A German magazine said Greece was planning a pullout of the Eurozone and restore the drachma, as it struggles under the weight of its rescue debt. Leading Greek politicians scrambled to deny the suggestion, which forced an emergency meeting among Eurozone finance ministers.
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